Team
Team
SALIM JAIDI – Co-Founder & CEO
Seasoned Wall Street investor, Salim Jaidi is the co-founder and Chief Executive Officer of NovaQ Capital. Jaidi has a rich background in the start-up domain and a deep understanding of science-based finance. He has crafted and managed high-impact trading strategies for leading financial institutions, including within a BNP Paribas-influenced ecosystem, balancing risks to drive significant asset growth and demonstrating his ability to scale operations and optimize capital. He has an in-depth knowledge in Artificial Intelligence (AI) and Machine Learning (ML), educated at MIT’s Sloan School of Management, with 15 years+ fostering a vibrant culture of innovation, precision, and integrity. Jaidi believes that with vast datasets, machine learning becomes an extraordinarily powerful tool, viewing investing as a data science challenge where he pioneers technologies to extract actionable signals from financial markets. Leveraging advanced data science methodologies, he builds cutting-edge systems to decode complex market patterns and enhance decision-making precision. His veteran expertise in hedging fortifies portfolios against volatility, skillfully deploying derivatives to shield capital while preserving growth potential. Jaidi’s strategic approach to risk management ensures NovaQ Capital thrives in turbulent markets, maintaining stability and resilience through meticulous risk calibration.
ABHISHEK KUMAR – Co-Founder, CIO & Head of Trading
Abhishek Kumar, co-founder, Chief Investment Officer and Head of Trading at NovaQ Capital is entrusted with steering the hedge fund’s rigorous quantitative framework to unearth and capitalize on market inefficiencies. With a distinguished tenure at premier hedge funds and banking institutions, he has directed teams in crafting intricate mathematical models and advanced computational systems, adeptly exploiting financial market anomalies. Holding a PhD in Quantitative Finance from the esteemed Indian Institute of Technology (IIT), complemented by a degree in Computer Science, Abhishek brings a formidable academic foundation to his work. His intellectual contributions are further evidenced by research papers published in preeminent finance journals, underscoring his stature as a thought leader in the field. Renowned for designing sophisticated algorithmic trading strategies, he consistently maximized returns, showcasing his exceptional ability to optimize capital and navigate complex markets. His seasoned expertise in risk mitigation and hedging has adeptly safeguarded portfolios, employing strategic derivatives to temper volatility and bolster resilience. Abhishek’s visionary leadership drives operational scalability, seamlessly integrating machine learning and quantitative precision to excel in the financial landscape.