Quant Firm Adds Former Investcorp Exec as President

(Reuters) Prashant Kolluri, a former executive at Investcorp and Sterling Ridge Capital Management, said on Tuesday he has joined investment firm Quest Partners LLC as president.Kolluri will work to boost the assets of Quest, a manager of quantitative hedge funds that controlled approximately $620 million as of May 31. He will also manage operations and sit on the firm’s investment committee.

Quest is led by Chief Investment Officer Nigol Koulajian, who founded the firm in 2001. Its main strategy, used in the approximately $300 million AlphaQuest Original, is systematic trading of commodities, currencies, equity indexes and bonds.

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