Bill Pang

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Bill Pang is Founder and Chief Investment Officer of Divergent Asset Management, an equities firm focused on delivering best-in-class risk adjusted returns. As CIO, he oversees all aspects of the firm's investment, operational, and development efforts. Previously, he was Head Portfolio Manager at Millennium Management, where he led one of the firm's trading pods, managing a team of four people trading global equities in over 50 countries. Before that, he also worked in various trading and investment roles at Bridgewater Associates and Goldman Sachs.

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DAM bets on repeatable events where they use historical data to thoroughly and vigorously validate hypotheses before live trading for better return and risk expectations.
The firm implements differentiated research and idea generation, enabling the production of innovative and unique investment signals for clients' portfolios.
The firm also employs rigorous risk management checks, from exposure limits to counterparty vetting, to ensure capital preservation in times of uncertainty.

CAREER HIGHLIGHTS

Pang was hired by Millennium Management at age 26 and became one of the youngest head portfolio managers ever to join the investment firm.
At Millennium, he focused on event-driven strategies, including various corporate actions, index rebalances, macro events, and quant signals.
He had grown that portfolio to $1.2 billion and generated tens of millions of net profits for Millennium as of 2019.
In 2020, he became the youngest honoree on Fortune Magazine's 40 Under 40 in Finance.

HIS ADVICE TO OTHER TRADERS

"Approach your job and approach the market with an alpha-seeking mentality, be an independent thinker, and don't just believe what people say, no matter how senior they are or how many of them are saying the same thing."
"Always verify yourself with data and your own independent and authentic analysis."

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