Under the leadership of Founder and Chief Executive Officer
Marco Bitran, AI Exchange, Inc. raised $1.5 million in a 2011 venture capital
funding round, garnering support for its innovative investment advisory
platform from General Catalyst, Common Angels, Founder Collective, and
LaunchCapital. A veteran Financial Analyst whose long resume of achievements
includes work for Qualcomm Incorporated, Morgan Stanley, and the Wellington
Management Company, Mr. Bitran is well suited to guide AI Exchange as it
expands in the coming years. Shortly after graduating from the Massachusetts
Institute of Technology with a B.S. in Electrical Engineering, Marco Bitran
established Digital Entertainment Media, Inc., a Silicon Valley start-up that
provided mid-size websites with premium quality Internet streaming services.
After obtaining an M.B.A. from Harvard Business School (HBS), Mr. Bitran formed
GMB Capital Management, LLC, an exchange-traded fund (ETF) he oversaw for five
years in his capacity as the enterprise’s Portfolio Manager.
Seeking a viable platform to connect clients with ROI-driven
alternative investments, Marco Bitran developed a proprietary web-based
technology rooted in long/short equity, event-driven, and market neutral
strategies. Aiming for a notably liquid and transparent business practice
format, Mr. Bitran explained that “quality alternative strategies are a highly
valuable diversifier in any client portfolio, however, structural issues of
traditional alternative investment products have limited the availability of
these strategies.” Aiming for better approach when he created AI Exchange,
Marco Bitran opted to utilize separately managed and unified managed accounts
as investment vehicles, a forward-thinking move that helped the firm connect
with its high caliber network of fiscal partners.
Already gaining widespread attention from the national
media, Boston-headquartered AI Exchange recently won the New England Regional
Round of Harvard Business School’s Second Annual Alumni Venture Contest. This
accomplishment further highlights the multiple strengths of the hedge fund’s
cutting-edge business structure, placing Marco Bitran and his associates in a
prime position to transform the alternative investment landscape.
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