Who is Shaan Patel? 22-year old entrepreneur launches quant investment company
Gujarat-based 22-year-old entrepreneur Shaan Patel has emerged as one of India’s youngest fund managers after launching his own quantitative investing platform.
His company, Shaan Patel Asset Management (SPAM), focuses on data-driven equity strategies and is positioning itself as an emerging player in India’s alternative investment landscape.
According to the company, he is currently managing his relative ₹36 crore in assets and operates under the Alternative Investment Fund (AIF) framework regulated in the country, news agency ANI reported.
The company’s focus area
The firm operates in the field of quantitative investing, using mathematical models, statistical analysis and algorithmic systems to identify opportunities in financial markets. Such an approach relies on rule-based systems rather than subjective analysis or market narratives and helps reduce behavioral bias and maintain disciplined portfolio structure.
It launched its Flexible Capital Strategy on July 10 with an initial asset base. ₹25 crore. According to the agency report, the firm’s strategy is built around structured research processes and risk management frameworks designed to respond to evolving market conditions.
From education to his entrepreneurial journey—all about Shaan Patel
Shaan Patel’s academic background includes a BSc in Finance and Investment and a double MSc in Data Science and Artificial Intelligence from Loughborough University, where he specialized in Portfolio Management.
He developed his investment models during his academic training in finance and artificial intelligence.
Patel began testing investment strategies using private capital in September 2023 before officially launching the firm. Over the next 18 months, the models were developed under real market conditions and helped create the quantitative framework that underpins Shaan Patel Asset Management’s investment approach.
According to the company’s statement, the firm has received approval from the Securities and Exchange Board of India (SEBI) as a Category III Alternative Investment Fund (AIF). Such funds are allowed to use complex trading techniques, including quantitative and algorithmic approaches, with the primary aim of generating returns for investors.
Quantitative investing attracts attention
Quantitative investing is becoming a popular strategy around the world among investors seeking technology-driven strategies that can respond to rapidly changing market environments.
As part of its future growth plans, the company also told ANI that it is looking to build an expert team that will focus on quantitative research, data science and portfolio risk management to further strengthen its investment capabilities.
One of the main advantages of quantitative strategies is that they can help reduce the influence of emotions on one’s investment decisions. Quant funds are ideal for long-term investors, stability seekers, and risk-averse individuals, Mint previously reported.
