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AlphaGrep
Mohit Mutreja's AlphaGrep runs systematic quant strategies across equities, futures, and FX from London, Mumbai, and Singapore.
AlphaGrep
AlphaGrep was established in 2010 by former quantitative traders and technologists, including CIO Mohit Mutreja and co-founder Praveen Kumar. The firm grew out of the expanding algorithmic trading ecosystem in Asia and Europe, with an early focus on building proprietary infrastructure for market-making and statistical arbitrage. Rather than managing external family wealth, AlphaGrep operates as an independent asset manager where the founders' intellectual capital forms the core asset. The firm runs systematic strategies across three major asset classes: global equities, futures, and foreign exchange. Its models rely on machine-learning techniques and high-performance computing infrastructure to identify short-term pricing inefficiencies. AlphaGrep is known in industry circles for recruiting heavily from India's top engineering institutes (particularly IITs) and from computer science programs globally, often competing with firms like Tower Research Capital and Jump Trading for talent. The geographic footprint spans Asia and Europe, with execution infrastructure co-located in major exchange hubs. AlphaGrep has maintained a deliberately low public profile. The firm does not publicly disclose its assets under management or headcount. It has not spun out adjacent vehicles such as venture funds or philanthropic foundations. The three-office structure — with hubs in London for European markets, Singapore for APAC coverage, and Mumbai for quantitative research and development — reflects a capital-light, talent-dense operating model common among proprietary-minded quant firms. What distinguishes AlphaGrep structurally is its insider orientation: the firm historically ran significant proprietary capital alongside limited external investor pools, creating strong alignment but limiting transparency. This hybrid posture — part prop shop, part quant fund — sits between the fully closed family-office-style trading desks at firms like Optiver and the externally marketed funds at Man AHL. Succession and external capital appetite remain unstated, keeping the firm's strategic direction opaque to allocators.
General information
Firm type
Asset Manager
Year founded
2010
AUM
Undisclosed
Location
Region
Europe
Country
United Kingdom
City
London
Corporate office
London, United Kingdom
Additional offices
Mumbai, India · Singapore
Principals
Mohit Mutreja
Chief Investment Officer
Praveen Kumar
Co-Founder
Sector focus
Frequently asked questions
Who runs investment decisions at AlphaGrep?
AlphaGrep's investment process is model-driven and overseen by Chief Investment Officer Mohit Mutreja, who co-founded the firm in 2010. The firm's strategies are systematic, meaning trading signals are generated by proprietary algorithms rather than human discretionary calls. The research and development team, concentrated in Mumbai, continuously refines these models.
Is AlphaGrep structured as a family office or a hedge fund?
AlphaGrep is an independent quantitative asset manager, not a family office. While the firm has historically traded significant proprietary capital alongside external investor funds — a posture more common among prop-trading firms — it does not manage a single family's wealth and is not structured as a family office.
What asset classes does AlphaGrep trade?
The firm deploys systematic strategies across three core asset classes: global equities, futures, and foreign exchange. Its models focus on capturing short-term pricing anomalies, relying on low-latency execution infrastructure rather than longer-duration fundamental analysis.
Does AlphaGrep participate in fund commitments or only direct trading?
AlphaGrep's model is based entirely on direct market trading through proprietary algorithms. The firm does not invest in external funds, make venture-capital-style commitments, or take illiquid private-market positions. All deployment is in liquid, listed instruments.
How does AlphaGrep source its quantitative talent?
AlphaGrep is known for recruiting heavily from India's premier engineering institutions, particularly the Indian Institutes of Technology, as well as from top global computer science programs. The firm competes for quantitative researchers and developers with peers such as Tower Research Capital, Jump Trading, and Citadel Securities.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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