Cel Kulasekaran Email & Phone Number

Boston, Massachusetts, United States

■ Comprehensive LeadershipOversee research and business operations across multiple business lines, including software development, investment management, and advisory services.■ Business OptimizationStreamline and enhance operational efficiencies across business lines, driving profitability and aligning strategic goals with market opportunities.■ Quantitative Commodity Hedge FundDevelop and implement innovative strategies incorporating roll-yield, momentum, and value methodologies to optimize performance.■ Asset Allocation AdvisoryProvide in-depth asset allocation studies, delivering tailored investment solutions to help endowments and investors achieve their long-term financial goals.■ Research and PublicationCo-authored a paper published in the Journal of Portfolio Management introducing relevance-based portfolio construction. This innovative framework estimates regime-specific expected returns, standard deviations, and correlations by weighting observations based on their relevance to regime indicators, enabling the principled integration of multiple regime factors into portfolio management.

Boston, Ma

■ Risk Scaling Tactical StrategiesCo-developed advanced risk scaling strategies leveraging tail risk scores derived from quantitative metrics of market fragility and weak regime similarities across global markets.■ Software Product DevelopmentDesigned and implemented three innovative software solutions for asset owners and investors - Portfolio Lab, Scenario Lab, and ExcelLab - to enhance quantitative portfolio construction, risk analysis, and investment strategy workflows.■ Research and PublicationPublished a paper in the Journal of Risk exploring the application of statistical unusualness to evaluate the plausibility of the Federal Reserve’s stress scenarios, providing insights into regulatory frameworks and financial stability.

■ Asset Allocation and Risk ManagementManaged applied research and strategy for Windham’s asset management business and Windham's Strategic Partnerships.■ Windham Liquid AlternativesRisk premia strategy implementation and risk management with Rich Lindsey and Andrew Wiseman.■ Windham Liquid Private EquityPortfolio management of Windham's liquid private equity strategy.■ Windham Global Risk ScalingPortfolio management and research of Windham's global risk scaling strategy, levered overlay risk management.■ Windham LabsManagement of Windham's flagship asset allocation technology business.■ Parallel Computing and AutomationDesigned and managed the implementation of centralized automation servers which supports the computational finance needs of Windham's businesses. Expanded proprietary quant libraries with embedding parallelization algorithms.

■ Windham Risk Regime Tactical StrategiesResearch and development of current portfolio strategies available to institutional clients for Windham's asset management business. Responsible for risk management of systemic risk and turbulence for Windham's Tactical Portfolios across global asset classes.■ Structured Rebalancing Overlay with Market FragilityExtended research on risk disparity as an overlay strategy on an institutional portfolio. The overlay strategy reduces equity exposure using futures as it responds to signals of financial turbulence and risk concentration.■ Risk DisparityConstructed a dynamic portfolio allocation strategy that anticipates volatility shifts to stabilize portfolio's risk profile using turbulence, intrinsic, and extrinsic systemic risk measures of market fragility.■ Regime Switching Currency StrategyEngineered regime switching models between the forward-rate bias, momentum, and purchasing power parity (value) currency strategies using proprietary measures of fragility. Assessed applications to global tactical portfolios.

■ Advisory ResearchCross-collaboration research in asset allocation and portfolio and risk management with industry peers (State Street Associates); recently studied the impact of current reserve ratio regulatory requirements on the asset allocation decision for Dutch pension plans. Incorporated regulatory reserve penalties into a multi-goal optimization framework for portfolio construction and sensitivity analysis. SSA presentation, Annual European Research Retreat.

■ Windham Global MacroPrincipal architect in the Windham Global Macro strategy. Global asset allocation strategy for developed markets. Limited partner from 2006-2008.■ Currency ManagementResearched and developed portable alpha models (active currency mandates) for Windham’s currency management partnership with State Street Associates.■ Windham's Proprietary Quant LibraryContinued management and development of Windham's proprietary quant library.■ Windham Portfolio AdvisorLed the design and development of Windham's flagship portfolio construction platform - a comprehensive optimization and risk management tool used by institutional clients worldwide.

■ Windham's Proprietary Quant LibraryEngineered Windham's proprietary quant library. The library encompasses Windham's intellectual property as well as industry research including VaR models, Within-Horizon risk models, Black-Litterman, Full-Scale Optimization, Multi-Goal Optimization, etc. The library is employed within various products, i.e. the Windham Portfolio Advisor, enterprise APIs, and internal research models.

Cambridge, Massachusetts, United States

■ Company Founding and Growth: Co-founded the company, building it from the ground up to introduce relevance-based prediction methodologies to industries like sports analytics.■ Relevance-Based Prediction API: Designed and developed the core API for relevance-based prediction, enabling applications across diverse domains.■ Advanced Parallel Computing: Innovated and implemented advanced parallel computing paradigms as achieving significant computational efficiency and performance gains for mathematical models with dimensionality complexity.■ R&D Leadership: Delivered solutions that outperform large institutional resources, achieving over 10x faster computation and enhanced efficiency in prediction models with sophisticated computational mathematics.■ Prediction Vault Development: Co-created the Prediction Vault, a cutting-edge platform for sports player predictions that integrates relevance-based insights.■ Research and Publication: Co-authored “How to Predict the Performance of NBA Draft Prospects,” a paper introducing a novel relevance-based mathematical system for predicting outcomes of NBA draft prospects. The system provides mathematically precise measures of relevance, fit, and asymmetry to optimize prediction reliability and transparency. The work demonstrates how this approach surpasses conventional prediction models and widely used machine learning algorithms in flexibility, transparency, and theoretical justification.

Boston, Massachusetts, United States

■ Co-creator of the WPA■ Creator of Excel Lab■ FinTech producer

IQP, “Designing a Performance Room” Joint effort with the late Richard Campbell (Bang-Campbell Associates), Dr. Frederick Bianchi, and Shukanth Reddy (WPI). Consulted for WICN Radio Station on an acoustical engineering problem - measured, modeled, and optimized room modal reverberations times. Modeled and optimized the acoustics of a conference room for conversion into a broadcast studio. Analyzed model frequencies and reverberation times with CATT. Proposed and presented solutions within budget constraints to WICN.

Software and hardware consultant for private and federal agencies (Amiga, DOS, and Windows hardware).

Master Of Arts (M.A.), Mathematical Finance

Bachelor Of Science (B.Sc.), Mathematical Sciences

Activities and Societies: ACMGraduated with distinction Honorable Mention, Provost's Major Qualifying Project Award