Marc Malek was born in Lebanon in 1969 and traveled to the US for his university education in 1987 after attending the French Lycee in Beirut. Marc graduated at the top of his class at the California Institute of Technology (Caltech) in 1992 with the Highest Honors. While at Caltech, Marc studied how Artificial Intelligence and Neural Networks can be applied to Decision Support Systems to make decisions under uncertainty.
In his junior year at Caltech, Marc received a grant from the Pentagon through NASA’s Jet Propulsion Laboratory to determine the optimal placement of tanks in a battlefield to maximize the chance of winning, using some of the new mathematical techniques he was developing. That research was published at the University and had applications in trading various securities that prompted his recruitment by the Wall Street powerhouse, Solomon Brothers in 1992.
Since the creation of his hedge fund in 1999, Marc has been very successful earning many awards and commendations from his peers. His research was widely lauded and changed the way investors view Hedge Funds.
Marc also co-founded an organization called LIFE to connect all Lebanese in finance globally and fund scholarships both on the graduate and undergraduate levels, in addition to helping Lebanon become a better place for business. Marc chaired the organization until the spring of 2018 where he reached his term limits after being elected twice.
In 2013, Marc co-founded a group called Kulluna Irada which acts as an NGO in Lebanon that marshals grass root support for a more transparent, and less corrupt Lebanon.
Marc has been a staunch supporter for the cause of protecting persecuted religious minorities in the Middle East. He is a member of the International Catholic Legislator Network(ICLN) and is a board member of the DC based IDC.
Marc was born in Lebanon in 1969, attended the French Lycee in Beirut, and did his university education in the United State at the California Institute of Technology (Caltech).
After spending time living in Manhattan, London and Tokyo, Marc retired from Wall Street in 1999 and moved back to NY to start his own hedge fund, managing his own assets as well as other investors.
Marc resides in Manhattan and continue to live there with his wife and three children.
Hedge fund managers are facing growing pressure to deliver strong performance in the last four months of the year after yet another month of mixed results.
While August was, on average, a positive month for the industry, several big-name managers struggled to gain traction, with many more under pressure to ramp up the level of risk in their portfolios to boost year-end numbers, according to brokers.
The average hedge fund returned 0.17 per cent in August, according to preliminary month-end numbers from Hedge Fund Research. The average fund was up 1.29 per cent this year until the end of July, according to confirmed HFR figures …
Marc’s Latest Publication
Lebanon Call to Action
In the last week, since I have been to Lebanon, I have met with a handful of close friends. Each one is working on their own version of a rescue plan for the country. Some are senior members or leaders of existing opposition parties who are advocating for their version of a “Plan for Lebanon”, others are working on creating new platforms to unite the various Thawra groups who often still seem at odds with each other, the rest are starting new parties or movement to represent the very large Lebanese silent majority. I trust and think very highly of each and every one of those friends and I don’t doubt for a second their good and noble intentions. However, I am very worried that all the work they are doing, all the time, effort, and personal resources they are pouring into their work, will never have time to see the light of the day. Let me explain… read more
