About us

History

FORT is an alternative investment management firm founded in 1993 exclusively committed to quantitative investment strategies. The firm has offices in Washington D.C. and New York City and manages approximately $6.0BN on behalf of institutional investors globally, including pensions, endowments, foundations and sovereign wealth. Over the firm’s 27 year history, FORT has developed trading strategies in two main areas: quantitative futures and quantitative equities. FORT’s investment philosophy is defined by a deep understanding of market behavior combined with robust statistics to produce systematic methods of capturing market inefficiencies created by flaws in human behavior.

Year
History

Liquid
Systematic
Offerings

Professionals

$6.0BN

in Assets
Under
Management

Founders

Yves Balcer

Sanjiv Kumar

Yves Balcer

PH.D., CO-FOUNDER AND PRINCIPAL

Yves Balcer is a co-founder and a principal of FORT. Yves is responsible for strategy research and new research initiatives.

Prior to founding FORT, Yves was a Senior Manager of Investments at the World Bank from 1985 to 1992. During his last two years at the World Bank, Yves directed the research and implementation of system-based trading strategies in global bond markets. Earlier at the World Bank, he served as Senior Manager for the North American, European, and Asian portfolios where he managed teams of professional traders overseeing a multi-billion dollar portfolio in fixed-income assets. Between September 1987 and April 1988 Yves took a short leave from the World Bank to serve as Director of Research and Arbitrage at Midland-Montagu Securities. From 1977 to 1985, he was a tenured associate professor in the Department of Economics at the University of Wisconsin. Yves has published more than 25 articles on finance and economics in professional journals.

Yves holds a Ph.D. in Economics and Finance from Massachusetts Institute of Technology, a Ph.D. in Operations Research and a MS in Statistics from Stanford University, and a MS in Mathematics from the Université de Montréal.

Sanjiv Kumar

PH.D., CIO, CO-FOUNDER, AND PRINCIPAL

Sanjiv Kumar is the CIO, co-founder, and a principal of FORT. Sanjiv is responsible for strategy research and new research initiatives.

Prior to founding FORT, Sanjiv was a Senior Manager of Investment at the World Bank from 1987 to 1992. During his time at the World Bank, he managed large fixed-income portfolios in a number of major currencies and was responsible for investing a multi-billion dollar portfolio in US and Canadian Dollar securities. From 1985 to 1986, Sanjiv was the Vice President of Free Market Inc., a Chicago-based economic and financial advisory firm for institutional money managers.

Sanjiv has a Ph.D. in Economics from the University of Chicago and a BA in Mathematics from the University of Delhi.

Leadership

Alan Marantz

Stuart Bohart

Alan Marantz

Principal

Alan Marantz is a principal at FORT and joined the firm in 2014. He is responsible for firm management and business development.

Prior to joining FORT, Alan was a Managing Director of Business Development at Balestra Capital Partners. From 1991 until January 2008, he grew and managed an array of businesses for Lehman Brothers, where he was a Managing Director. His various roles at Lehman include head of Global Wealth Management, global head of fixed income sales, global head of Foreign Exchange, global head of Liquid Market Sales and head of Fixed Income Asia. He served as a member of the Lehman Brothers Management Committee and on the Executive Committee of the Asset Management business, the Fixed Income Executive Committee, and the Executive Committee of Lehman Brothers Asia.

Stuart Bohart

President

Stu Bohart is President of FORT and joined the firm in 2018. He is responsible for firm management and business development.

Prior to joining FORT, Stu was President of the Liquid Markets Division at Fortress Investment Group where he was responsible for Liquid Markets business infrastructure, sales and marketing, and development of new investment strategies and served on the Fortress Management and Operating Committees. From 1997 until 2010, Stu worked in a variety of capacities at Morgan Stanley. His roles at Morgan Stanley include co-head of Global Investment Management, global head of Prime Brokerage, and Portfolio Manager for a multi-strategy hedge fund. He served as a member of the Morgan Stanley Management Committee. Early in his career, Stu held trading and portfolio management positions at Cargill, Harvard Management Company, and Bankers Trust. He has lived and worked in the PRC, Japan, and the UK.

Stu graduated from Northwestern University with a BA in economics and Asian studies.