Vinay Nair Explained

Vinay Nair is a serial entrepreneur (55ip,[1] TIFIN,[2] Magnifi,[3]) and academic. He is involved as an advisor or board member in several companies in financial services, across investment management, venture capital and fintech. He is the founder and chairman of TIFIN, an AI platform[4] to create and manage a portfolio of fintech brands and companies in areas of wealth management and asset management, as well as founder and chairman of 55ip, a fintech firm with offices in Boston and Mumbai, India that was acquired by J.P.Morgan.[5] [6] [7] Nair was a visiting professor at the MIT Sloan School of Management and at the Wharton School of the University of Pennsylvania where he taught Entrepreneurial Finance, Venture Capital and Private Equity.[8] He is also on the board of the Center for Leadership at University of Colorado, Boulder and Endeavor Colorado to support entrepreneurship in the region.[9]

Personal life

Vinay Nair grew up in India and completed his undergraduate studies at the Indian Institute of Technology, where he was awarded the Governor’s, Gold Medal.[10] He received his PhD in financial economics from New York University Stern School of Business, and was awarded best thesis.[11]

On April 15, 2021, Nair purchased a home in Boulder, CO for $7.9 Million.[12]

Career

Nair began his career as a faculty member at The Wharton School as an assistant professor of finance. He has also taught courses at INSEAD, Columbia University, Indian School of Business, and Pompeu Fabra University in Barcelona, Spain.

In 2008, Nair authored Investing for Change, published by Oxford University Press, on the use of social variables in investment management.[13] He has spoken at financial conferences across the globe on topics including financial engineering, behavioral economics, and sustainable investing.[14] [15]

Nair founded Ada Investments in 2010. He was named a hedge fund rising star by Institutional Investor in 2012.[16] FINalternatives noted that Ada Investments' investment approach grew from Nair's original academic investigations, and uses fundamental and behavioral insights to identify return drivers in equity markets.[17] In 2014 XL Group acquired a minority stake in Ada Investments.[18] Ada Investments was sold to 55 Capital Partners (renamed to 55ip), a firm he helped launch in June 2016. On December 2, 2020, JP Morgan Asset Management announced that it was acquiring 55ip.[19] The deal value was not disclosed. Prior to founding Ada Investments, Nair was a research director and portfolio manager at Old Lane Partners, a fund acquired by Citi Alternative Investments.

In 2018, he formed TIFIN, a fintech holding company. TIFIN conceives, creates and operates fintech companies in the areas of wealth management, investments and personal finance. Its operating companies leverage the combined power of investment intelligence, data science, and technology to make investing a driver of financial wellbeing.

Notes and References

  1. https://www.55-ip.com/
  2. https://tifin.com/
  3. https://magnifi.com/
  4. Web site: AI for Wealth . 2024-03-19 . TIFIN . en-US.
  5. Web site: Management . J. P. Morgan Asset . J.P. Morgan Asset Management agrees to acquire 55ip - a pioneer in delivering tax-smart investment strategies through model portfolios . 2024-03-19 . www.prnewswire.com . en.
  6. Web site: Ex-Wharton Professor Builds Next Generation Trading Platform . Opalesque TV . October 13, 2011.
  7. Web site: Ada Investments Team . Ada Investments.
  8. Web site: Wharton School Finance Department . University of Pennsylvania.
  9. Web site: Endeavor Colorado - the community for high-growth scaling entrepreneurs in our state. . 2024-03-19 . www.endeavorcolorado.org.
  10. Web site: List of Institute Awardees . Indian Institute of Technology Madras.
  11. Web site: Professional Fellowship in Law and Business . NYU Stern Business School.
  12. Web site: 2021-05-09 . Top Denver/Boulder April home sales: Architect couple who designed own house sell it for $7.9M . 2023-08-09 . The Denver Post . en-US.
  13. Book: Investing for Change: Profit From Responsible Investing. Oxford University Press. 2009. 978-0195370140.
  14. Web site: September 23, 2009. Columbia's Nair: What Drives Investors toward SRI. CBS News.
  15. Web site: The Center for Financial Engineering. Columbia University School of Engineering.
  16. June 19, 2012. Hedge Fund Rising Stars: Vinay Nair. Institutional Investor.
  17. Web site: September 15, 2014. XL Group Takes Minority Stake in Ada Investments. FINAlternatives.
  18. Web site: September 15, 2014. Ada Investments Announces Strategic Investment by XL Group. Opalesque.
  19. Web site: Son . Hugh . 2020-12-02 . JPMorgan is buying fintech start-up 55ip to help financial advisors offer tax-efficient portfolios . 2023-08-09 . CNBC . en.