Voleon Group

The Voleon Group is a quantitative investment management firm based in Berkeley, California, founded in 2007 by Michael Kharitonov and Jon McAuliffe. The firm specializes in using artificial intelligence and machine learning to create advanced trading strategies and tackle large-scale financial prediction challenges. As of March 2023, Voleon manages approximately $7.6 billion in assets and employs around 65 to 372 people. Voleon offers a range of services, including quantitative trading strategies developed through proprietary algorithms, hedge funds that utilize data-driven investment methods, and advanced financial prediction systems designed to identify market inefficiencies. The firm also provides risk management solutions that focus on continuous innovation in statistical machine learning. Voleon's clientele primarily consists of institutional investors looking for innovative asset management solutions, and the firm operates with a performance-based fee structure to align its interests with those of its clients.