The Quantitative Impact of FinTech in Specialty Finance

2017-09-20 6:00 pm - 8:00 pm
Hodges Room (Room 335)
Address: 75 5th St NW, Atlanta, GA 30308, USA

Join ATDC, the Quantitative and Computational Finance Program at Georgia Tech and US Trust, Bank of America as we co-host a discussion on Disruption as a Journey, not a destination. Christopher Barr and Chris Wilcox from NYC-based Varadero Capital will discuss the quantitative impact of FinTech in Specialty Finance. Varadero Capital, L.P., founded in 2009, is a value-driven alternative asset manager focusing on investments across the specialized credit markets. The firm is based in New York and currently manages approximately $1.3 billion in capital. In July 2017, Varadero recapitalized CAN Capital, which has a significant footprint in the Atlanta Finance and FinTech ecosystem.

‘Disruption’ has become a powerful buzzword. Venture dollars chase disruptors to stratospheric valuations, established firms pine for disruptors to shake up their sleepy businesses, and young talent have starry eyed dreams of becoming disruptors just like their idols. But, before we get carried away, here is a simple question: do you have to be a monomaniac to get your ‘Disruptor’ badge at summer camp? Must you summarily dismiss the Establishment, and teleport us all instantaneously to some magical new world? In this talk, we contrast disruption as a journey vs disruption as a destination. And, in particular, we highlight the (admittedly less glamorous) path to disruption via compounded incremental innovations. We will explore these themes within the dynamic and stimulating landscape of fintech loan origination.

Christopher Barr is a member of the investment team at Varadero Capital, where he uses advanced quantitative techniques to evaluate opportunities in securitized and un-securitized pools of credit. Prior to joining Varadero, Chris was a Vice President within the M&A group at Goldman Sachs, where he focused on real options, interactive analyses, and the valuation of enterprises with complex stochastic features. Previously, he was an Assistant Professor at Harvard University, working in health policy, statistical methodology and applied probability. Prior to Harvard, Chris was a postdoc at Johns Hopkins University, where he co-authored OpenIntro Statistics (openintro.org), an open source statistics book now used around the world. He has also served as a member of the staff at Lawrence Livermore National Laboratory and City Hall Los Angeles. Chris holds a PhD in Statistics from UCLA and a BA in Economics from Berkeley.

Christopher Wilcox is a member of the investment team at Varadero Capital, where he focuses on sourcing, analyzing, and executing investment opportunities involving securitized and un-securitized pools of credit. Prior to joining Varadero, Chris was an Executive Director at Nomura where he worked as both a structurer and trader in the Structured Credit Products group. Prior to Nomura, Mr. Wilcox worked at ABN AMRO as a structurer and marketer in the Structured Products group and at TD Securities where he structured CLOs. Chris began his career at Moody’s Investors Service as a ratings analyst and focused primarily on CLOs and synthetic CDOs. Chris has a BA from Binghamton University and an MBA from NYU’s Stern School of Business.

Registration Link

Click here to register for September 20, 2017.

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