Continual Research

Backed by and others

The next
quant firm is
a learning
system.

We’re building an investment firm around an AI researcher that tests investment ideas and carries what it learns into the next experiment. Every result, and every correction from our team, sharpens both its understanding of markets and the methods it uses to study them.

Open roles

Research should improve the researcher.

What we believe

AI will soon do most of the research behind public markets, competing away existing edges and speeding up alpha decay. The firms that endure will be the ones that learn fastest, finding and testing new strategies faster than the old ones stop working.

What we’re building

A researcher that treats every experiment as evidence about both the idea and itself. A failure can expose a flaw in the data or a gap in the tools, and that lesson goes into the memory and tools the next experiment starts with.

Why it’s hard

Markets are a hard place to learn: signals are weak, relationships break down, and lookahead or overfitting can make a bad idea look good. The same biases can make a researcher look better than it is, so whether it has actually improved is measured on ideas it has never seen.

Leadership

Portrait of Arseniy Banayev
Co-Founder & CEO

Arseniy Banayev

Engineering

Arseniy led engineering teams at Millennium responsible for research, portfolio management and risk factor model tools. Previously, he built trading and data systems at BlueMountain and co-founded Ivy, a consumer lending startup.

LinkedIn ↗︎
Portrait of Liam Li
Co-Founder

Liam Li

AI Research

Liam co-developed Hyperband and ASHA during his machine learning PhD at Carnegie Mellon. He went on to lead ML at Determined AI and build research agents at Pokee, after an early stint at BlueMountain.

LinkedIn ↗︎
Portrait of Andrew Feldstein
Co-Founder

Andrew Feldstein

Fund Strategy

Andrew co-founded BlueMountain, a $23B multi-strategy hedge fund, and served as its CEO and Chief Investment Officer, following a decade at JPMorgan.

LinkedIn ↗︎
Portrait of Dan Cioaca

Dan Cioaca

Alpha Research

Dan managed a $1.2B quantitative US equity portfolio at Millennium and ExodusPoint, where he went on to lead development of their quant platform. Before that, he built the alpha capture business in the early days of Two Sigma.

LinkedIn ↗︎
Portrait of Nick Lesniewski

Nick Lesniewski

Research Engineering

Nick co-founded Valis Trading, a quantitative US equity prop trading platform. Before that, he was a research engineer at Xantium and a quantitative trader at JPMorgan.

LinkedIn ↗︎
Portrait of Noah Kreutter

Noah Kreutter

Portfolio Construction

Noah was a researcher at Bridgewater focused on trading, portfolio construction, and equity factor research. Before that, he was an index volatility trader at IMC, focused on systematic strategies.

LinkedIn ↗︎

Build the researcher with us.

Don’t see the right role? Tell us what you’d like to work on.

[email protected]

Open roles

For current opportunities, contact us at the email above.