Overview
Structure; Ownership
Voleon Capital Management LP is an investment advisory firm that has been in business since
2008. Its principal place of business is located in Berkeley, California. Voleon Capital
Management LP may be referred to in this brochure as “Voleon,” the “Investment Adviser,”
“we,” or the “Firm.”
Voleon Capital Management LP is a Delaware limited partnership. The Firm was founded by
Michael Kharitonov, PhD, our Chief Executive Officer, and Jon McAuliffe, PhD, our Chief
Investment Officer. Mr. Kharitonov is a limited partner in Voleon and is a member of the
company that serves as Voleon’s general partner. Mr. Kharitonov’s aggregate ownership interest
in Voleon exceeds 25% of the total capital of Voleon.
Types of Advisory Services
Voleon provides advisory services on a discretionary basis to its clients, all of which are pooled
investment vehicles (specifically, private investment funds). Each private investment fund that
we manage is generally referred to throughout this brochure as a “Fund” and are collectively
referred to throughout this brochure as the “Funds.” Certain Funds invest all or substantially
all
of their assets in other Funds, for example, in a master-feeder structure. As such, reference to a
“Fund” or the “Funds” may include reference to the aggregate master-feeder structure, as the
context requires.
Voleon provides investment advisory services to the Funds based on the investment objectives
and strategies described in the Funds’ offering memoranda and governing documents
(collectively, the “Offering Documents”). We implement one or more quantitative-based
strategies utilizing a variety of asset classes and financial instruments.
Voleon selects all of the investments and strategies for the Funds. Investors (each, an “Investor”
and collectively, “Investors”) may select among the various Funds advised by the Firm (and
certain Funds may offer multiple share classes that Investors may select), but Investors have no
opportunity to select particular investments or strategies for the Funds.
Assets Under Management
As of December 31, 2023, Voleon managed, on a discretionary basis, approximately
$9,333,493,828 in regulatory assets under management. Voleon does not manage any client
assets on a non-discretionary basis.