Meet the ARP Partners

Deepak Gurnani

Founder and Managing Partner

Deepak Gurnani is the Founder and Managing Partner of ARP Investments. Deepak is the former CIO and head of Investcorp’s hedge fund group. He was one of the founding members of Investcorp’s hedge fund business in 1996 and also a member of the firm’s Management Committee. Deepak retired from Investcorp in March 2013. Prior to Investcorp, Deepak Gurnani spent six years with Citicorp.

Deepak has conducted extensive research over the last 20+ years into various aspects of hedge fund investing – analyzing risk and return in hedge funds, quantifying Alternative Risk Premia inherent in hedge fund returns, using tactical asset allocation to enhance hedge fund portfolio returns, integrating hedge funds into institutional asset allocation and using separate accounts for risk management. Deepak holds a BTech from the Indian Institute of Technology, Delhi, and an MBA from the Indian Institute of Management, Ahmedabad.

Ludger Hentschel

Founding Partner, Investments

Ludger Hentschel joined ARP Investments as Founding Partner, Investments, based in New York. Ludger has over 20 years of experience in quantitative research and investing. Prior to joining ARP Investments, he was Managing Director of Analytical Research at MSCI, based in New York, responsible for leading MSCI’s research in global multi-asset-class risk models, including alternative investments, asset allocation and macroeconomic risk, and liquidity risk. Before joining MSCI, Ludger was head of quantitative research and asset allocation for the hedge fund group at Investcorp. Previously, he headed quantitative equity research at New York Life Investment Management, was an Associate Professor of Finance at the University of Rochester, and served as an Economist for the Board of Governors of the Federal Reserve System.

Ludger earned a BS in Mechanical Engineering from Yale and a PhD in Economics from Princeton. He has published articles in leading academic finance journals, served as an associate editor for the Journal of Financial Economics, and is a frequent speaker at financial seminars and conferences. He serves on the Board of Directors of the Lester B. Pearson College of the Pacific US Foundation.

DeWayne Louis

Founding Partner, Investor Relations

DeWayne Louis joined ARP Investments as a Founding Partner based in New York. DeWayne has over 15 years of experience in alternative risk premia, investment banking, private equity and hedge funds. Prior to ARP Investments, DeWayne spent nearly a decade with Investcorp’s hedge fund business – joining at the inception of the Firm’s North American and European hedge fund business. Prior to joining Investcorp, DeWayne was an associate director in UBS’ Private Equity Secondary Group, focusing on buying and selling private equity interests in the secondary market. Prior to that, DeWayne was an Associate in the Investment Banking Division of Credit Suisse, focusing on mergers, acquisitions and project finance transactions.

DeWayne holds a BS in Finance and International Business with a French minor from Georgetown University where he was a 4-year varsity letterman on the football team. He sits on the Board of Directors of Summer Search, a US based mentoring non-profit organization serving students from low income communities, particularly students of color.

Andrew Flynn

Founding Partner, Chief Operating Officer

Andrew Flynn has over 20 years of experience in hedge fund operational management and control. Prior to joining ARP Investments, he spent 10 years at Tudor Investment Corporation and was Global Head of Operations, reporting to the COO. At Tudor, Andrew was extensively involved in the setup of Tudor’s quantitative trading business, regulatory compliance, legal negotiations, enterprise risk management, and matters of industry best practice. He was co-chair of Tudor’s Brokerage Committee, and a member of the Credit Committee and Global Risk Forum.

Previously, Andrew held operations management positions at Citco Fund Services, Maximus Capital and Moore Capital. Andrew received his Bachelors Degree in Finance from the IONA College Hagan School of Business in New Rochelle, New York.

Joel McAndrew

Partner, Investor Relations

Joel McAndrew has over 14 years of experience in marketing and sales. Prior to joining ARP, Joel was the Head of Institutional Sales for Gotham Asset Management, a value oriented investment firm based in New York. Previous to his time at Gotham, Joel was Associate Vice President of Marketing and Sales for Investcorp’s Hedge Fund Group.

He began his career at D.E. Shaw, a quantitative hedge fund, where he was an Associate on the Investor Relations team. He was also an inaugural member of their institutional asset management business (130/30 and long-only equity strategies), where he helped launch the new platform and headed client service. Joel attended Carnegie Mellon University and has a degree in Piano Performance.

Nirav Shah

Founding Partner, QR Systems*

Nirav Shah has over 16 years of experience in quantitative research, asset allocation and developing scalable systems. Prior to QR Systems LLP, Nirav was the founder of a consulting firm focused on quantitative research. Prior to that, Nirav was a Vice President at Investcorp in New York focused on asset allocation and quantitative research. Prior to Investcorp, Nirav worked as a Quantitative Researcher at Phoenix Global Capital Management, a CTA based in Chicago.

Nirav earned his Masters in Finance from the Illinois Institute of Technology, Chicago and Bachelors in Computer Engineering from Mumbai University. Nirav is also a CFA charter holder.

* Under a services agreement, QR Systems provides ARP Investments with certain services.  Employees of QR Systems are subject to the full oversight under the regulatory compliance program of ARP Investments.

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