MARCOS LÓPEZ DE prADO
Prof. Marcos López de Prado is the CIO of True Positive Technologies (TPT), and Professor of Practice at Cornell University’s School of Engineering. He has over 20 years of experience developing investment strategies with the help of machine learning algorithms and supercomputers. He launched TPT after he sold some of his patents to AQR Capital Management, where he was a principal and AQR’s first head of machine learning. Marcos also founded and led Guggenheim Partners’ Quantitative Investment Strategies business, where he managed up to $13 billion in assets, and delivered an audited risk-adjusted return (information ratio) of 2.3.
Concurrently with the management of investments, between 2011 and 2018 Marcos was a research fellow at Lawrence Berkeley National Laboratory (U.S. Department of Energy, Office of Science). He has published dozens of scientific articles on machine learning and supercomputing in the leading academic journals, is a founding co-editor of The Journal of Financial Data Science, and SSRN ranks him as the most-read author in economics. Among several monographs, Marcos is the author of several graduate textbooks, including Advances in Financial Machine Learning (Wiley, 2018) and Machine Learning for Asset Management (Cambridge University Press, forthcoming).
Marcos earned a PhD in financial economics (2003), a second PhD in mathematical finance (2011) from Universidad Complutense de Madrid, and is a recipient of Spain's National Award for Academic Excellence (1999). He completed his post-doctoral research at Harvard University and Cornell University, where he is a faculty member. Marcos has an Erdős #2 according to the American Mathematical Society, and in 2019, he received the ‘Quant of the Year Award’ from The Journal of Portfolio Management.
Kristin Boggiano is a member of TPT’s executive team, and an adviser to the firm’s board. Prior to TPT, Kristin was a Managing Director with Guggenheim Partners, where she built the operational and legal platforms for Quantitative Investment Strategies. Kristin also produced regulatory reports for Guggenheim’s Executive Committee on regulations that would have a material impact on Guggenheim’s asset management, insurance and broker-dealer arms, coordinating with regulators in Washington DC. Kristin has been actively involved in the rule making process domestically and internationally throughout her career. Kristin is a regular lecturer at universities, trade organizations, and other forums and writes articles about a variety of financial and regulatory law topics. She is an investor and advisor to multiple start-up entities.
Kristin was also Special Counsel at Schulte Roth & Zabel, where she structured complex financial products, launched private businesses, and provided regulatory advice (from the start-up managers to managers with a trillion plus in assets). She also worked at Merrill Lynch on the derivatives desk structuring credit and equity products, beginning her career with roles at the Commodity Futures Trading Commission (CFTC) and the Securities Exchange Commission (SEC).
Kristin is also the founder of Women in Derivatives, Inc. (WIND), a global non-profit with more than 6,000 members and a mission to educate and develop women leaders. She earned her law degree and M.B.A. from Northeastern University and her B.A. from Sarah Lawrence College.