Gregg Fisher Launches Quent Capital
Gregg Fisher today announced the launch of Quent Capital, the second investment firm he has founded. Quent Capital will be based in New York City and will focus on a global small cap long/short strategy.
“Quantitative investing and entrepreneurship are my passions in life and form the basis of this new venture and the word ‘Quent,’” says Fisher. “With small, entrepreneurial companies now able to source top talent from around the world and acquire institutional-grade technology at low cost, dynamic firms with disruptive technologies and services will be able to meet the challenges of the turbulence and dislocations in today’s economy and forge ahead. I am excited to focus my attention on helping qualified investors systematically and thoughtfully gain exposure to the surge in innovation that I am anticipating we will see across the world.”
In 1993, Fisher founded Gerstein Fisher, a quantitative investment firm that was one of the first investment managers to offer factor investing. In the aftermath of the Great Financial Crisis, the firm launched three factor-based strategies, helping to pioneer factor investing in the global growth stock and global REIT asset classes. In 2016, with more than $4 billion in assets under management and advisement, Fisher sold Gerstein Fisher to People’s United Bank. He believes public equity offers a more attractive way to access disruption than private markets.
“It is my belief that public equity is a more cost-effective and nimble way to participate in today’s global creative disruption than private equity, which tends to overpay for assets,” comments Fisher. “Quent will combine academic research and quantitative analysis to systematically measure characteristics such as R&D, brand and human capital that allow small companies to succeed but generally have been ignored by traditional accounting measures and the public markets.”
The strategy was originally run out of the Fisher family office, and a significant portion of Fisher’s liquid assets are invested in the fund, according to the news release.
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