BOSTON--(BUSINESS WIRE)--GMB Capital Management, LLC, an investment management firm focused on alternative investment strategies, driven by a proprietary quantitative approach, announced today that it has changed its name to ClearStream Investments, LLC (“ClearStream”). Simultaneously, the firm announced the broadening of its executive management team, to include Rohit Vohra as newly appointed CEO, and relocation to new corporate headquarters in Boston.
Founded in 2005 by Gabriel Bitran, and joined shortly thereafter by his son Marco, ClearStream built its reputation and asset base through the application of Optimal Pricing principles to investment management. ClearStream’s models attempt to predict the supply and demand balance across global markets, using US-listed ETFs, and are not dependent on fundamental data used in traditional methods to value equity, fixed income and other asset classes. The firm’s quantitative models scour world markets searching for pricing anomalies that predict the directionality of the securities in which ClearStream invests. The firm currently manages approximately $550 million in assets.
“ClearStream Investments is committed to furthering the principal objectives of investment success that have been the hallmarks of our firm since its founding,” said Dr. Gabriel Bitran, the firm’s Founder and Chief Investment Officer. “We are excited to announce the appointment of Rohit Vohra as our Chief Executive Officer. He brings over 10 years of institutional wealth management experience to ClearStream, and is a wonderful addition to our team. Rohit has a vision for ClearStream, centered around the transparency of our strategy and liquidity of our product offerings, that will lead us into the next phase of growth and the broadening of our franchise.”
Joining Mr. Vohra and Dr. Bitran as ClearStream executives are Marco Bitran, portfolio manager, and Dr. Shioulin Sam, Director of Quantitative Research.
“GMB Capital Management was a firm with which I was well familiar, having worked with them for many years in my prior role,” said Rohit Vohra. “I have the greatest respect for the work Dr. Bitran has accomplished in developing and applying Optimal Pricing models to the investment industry with foresight through a variety of market cycles, not all of them kind. I look forward to taking ClearStream to the next level.”
“The ClearStream name highlights the firm’s commitment to offering our strategies through transparent and liquid managed accounts, which we believe are highly preferable to the end investor, vs. other less transparent structures. We hope to remain at the forefront of the industry in this regard,” said Marco Bitran.
About ClearStream’s Executives
Professor Gabriel R. Bitran
Founder, Chief Investment
Officer
Dr. Bitran has been a Professor of Management at the
MIT Sloan School since 1978. Dr. Bitran has over 15 years of experience
in the field of quantitative financial modeling. His innovations in the
quantitative modeling of financial markets have emerged from research on
the optimal pricing of goods and services, including airline seat and
hotel room inventory, high-tech services, fashion retail goods, and the
design of bandwidth markets.
He has published several research papers on these topics. Dr. Bitran is the past President of the Production & Operations Management Society and past Editor in Chief of the Journal of Management Science. He received a Masters in operations Research from MIT in 1974 and a PhD in Operations Research from MIT in 1975. He also received a Masters of Industrial Engineering from the University of Sao Paulo, Polytechnic School in 1971.
Rohit Vohra
Chief Executive Officer
Rohit has
over 14 years of global experience across corporate finance, alternative
investments, and investment consulting. Prior to joining GMB, Mr. Vohra
was Director of Research at Mount Yale Capital Group where he focused on
alternative investments, including managing proprietary fund of funds,
investment consulting and product development. Before coming to United
States in 1998, Mr. Vohra was heading North Indian operations for Lloyds
Finance Limited, India where his responsibilities included corporate
finance, Investment banking and Investment Consulting. Mr. Vohra holds
an MS in Finance from Daniels College of Business at the University of
Denver and is pursuing MBA from University of Chicago Booth School of
Business.
Marco Bitran
Founder, Portfolio Manager
Marco
worked at Wellington Management Company, LLP from 2003 to 2006, where he
managed a global equity sector fund focused on global infrastructure,
machinery and capital goods industries. Prior to business school, Marco
worked at Morgan Stanley in both Investment Banking and Equity Research
capacities. Marco is a graduate of the Harvard Business School where he
received a Masters in Business Administration degree in 2003, and a
graduate of the Massachusetts Institute of Technology, where he received
a Bachelors of Science degree in Electrical Engineering, with a Minor in
Economics, in 1997.
Dr. Shiou Lin Sam
Director of Research
Shiou
Lin worked at Moody’s Investors Service, where she focused on research
for models used in analyzing collateral debt obligations, catastrophe
bonds and other structured finance products. Shiou Lin is a graduate of
the Massachusetts Institute of Technology, where she received a Ph.D.
and M.S. in Electrical Engineering and Computer Science, and certificate
candidacy in Financial Technology.
About ClearStream Investments, LLC (“ClearStream”)
ClearStream Investments, an alternative investment management firm, applies a non-traditional approach to investing across global markets, primarily through its proprietary quantitative models derived through extensive research on Optimal Pricing. The ClearStream models are not dependent on fundamental data used in traditional methods to value equity, fixed income and other asset classes. ClearStream’s investment universe is primarily comprised of US-listed Exchange Traded Funds (“ETF”) and index funds representing global capital markets including equities, commodities, interest rates, fixed income and currencies. ClearStream is an SEC registered investment advisor. ClearStream’s corporate philosophy derives from its deep dedication to transparency, open communication with clients, and a firm belief that the most enduring investment strategies are comprehensible by the typical institutional investor. The firm was founded in 2005 and, as of January 2011, managed approximately $550 million in assets.
Additional information is available at http://www.clearstreaminvest.com