The Voleon Group

The Voleon Group is a quantitative investment management firm based in Berkeley, California, founded in 2007 by machine learning experts Michael Kharitonov and Jon McAuliffe. The firm specializes in applying statistical machine learning and artificial intelligence to tackle financial prediction challenges and identify market inefficiencies. Voleon employs a statistical arbitrage trading strategy, utilizing data-driven techniques to uncover trading signals related to securities. Voleon offers portfolio management services primarily for institutional clients, including pension funds and endowments. The firm utilizes proprietary machine learning models to forecast financial market trends, focusing on performance-based fees linked to portfolio returns. With approximately $7.6 billion in assets under management as of March 2023, Voleon maintains a strong academic culture, employing many individuals with advanced degrees in statistics, computer science, and mathematics.