Tuesday, July 3, 2012

Marco Bitran Launches AI Exchange, Inc.


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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