TIW Capital Group has invested in Scient Capital Private Limited, from its Global International Fund for further expansion of portfolio of machine learning and artificial intelligence driven investment technologies. Scient Capital is amongst the new age multi asset management firm which focuses on building advanced technology suite to make investment and trading decisions. It currently manages a suite of PMS and AIF products and has the technical wherewithal for accelerated global expansion. In India, Scient Capital has been at the forefront of developing machine learning driven quant models for credit, asset allocation, equity smart beta and global investment strategies to create investment products that deliver superior risk adjusted returns. Scient has consistently demonstrated the ability to create genuinely differentiated investment products for HNIs, family offices and institutions. It has enviable track record of generating returns even in challenging and uncertain macroeconomic environment.
TCG will partner with Scient to augment its portfolio through expansion in India and overseas. TCG’s own expertise in quant investment strategy and market access coupled with Scient’s technological expertise, portfolio management skills and network can unlock the significant potential of quant-based investment strategies and increase AUM through efficient distribution channels.
Scient’s Founder & Chairman, Mr. Swapnil Pawar said “The investment will be used to build up the team on the business and research side and towards new product development and marketing initiatives. TCG will also add great value to the firm in building business alliances in various geographies”.
Credence Family Office, one of India’s leading Multi Family Offices, was the sole advisor to the deal. Mr. Mitesh Shah, Founder & CEO of Credence said “Scient’s best- in-class platform, “Quantamental” investment approach and innovative products makes it a great fitment for the HNI investor community”.