V-Square Quantitative Management

What V-Square Quantitative Management does

V-Square Quantitative Management is an SEC-registered investment adviser founded in 2020 by Mamadou-Abou Sarr (President) and Habib Moudachirou (CIO), headquartered in Chicago. The firm operates as a multi-strategy quantitative asset manager serving institutional investors (endowments, foundations, family offices) and high-net-worth wealth clients through separately managed accounts, model portfolios, and pooled funds. As of April 2026, platform AUM stood at $1.4 billion, reflecting 96% compound annual growth in assets from 2022 to 2025, and the firm was ranked 6th out of 1,000 RIAs on USA TODAY's 2026 America's Best Financial Advisory Firms list.

The firm's product platform is organized around three core lines: Direct Indexing (customized Core Equity, Fixed Income, and Tax-Aware Equity), Systematic Alpha (Long/Short Equity, Risk-Controlled Momentum, Multi-Factor), and Liquid Alternatives (PE Return Replication, Listed Real Assets). Underlying these is a multi-factor risk premia methodology spanning value, quality, momentum, size, and low volatility, combined with active tax management (tax loss harvesting, strategic cost basis selection, dividend withholding tax recovery) and a proprietary Diagnosis-to-Completion factor mapping approach. The firm partners with MSCI and ISS ESG for index and data infrastructure, maintains academic engagements with the University of Chicago, NYU SPS, and ESCP, and operates through eight major custodians including Northern Trust, JP Morgan, Goldman Sachs, US Bank, BMO, BNY, Pershing, and Charles Schwab.

Revenue is generated through recurring investment advisory fees on AUM, with bespoke strategy mandates carrying a $6M minimum for custom indexing services. Pricing is quote-based and not publicly disclosed. Distribution is direct-to-client via enterprise field sales and relationship management, supported by thought leadership through the quarterly Pragmatic Perspectives research publication, LinkedIn content, and earned media coverage in Forbes, Bloomberg, and Schwab Network. The firm is privately held with no disclosed external funding rounds and control appears concentrated with the founding team.

Name

V-Square Quantitative Management

Legal name

V-Square Quantitative Management LLC

Website

https://vsqm.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

V-Square Quantitative Management is a Chicago-based SEC-registered investment adviser founded in 2020 that manages approximately $1.4B in assets using multi-factor, systematic, and tax-aware strategies for institutional investors and high-net-worth wealth clients through direct mandates and completion portfolio overlays.

Ownership category

akta.pro rank

Product category

Quantitative Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Other Financial Investment Activities (5239)

SIC

Investment Advice (6282)

akta.pro primary industry

Quantitative/Systematic Equity (Active) (FSAAAIAL)

akta.pro secondary industries

Large-Cap Equity (Active) (FSAAAIAA), Quant Research & Systematic Strategies (FSACAGAF)

Keywords

• Quantitative investment management
• Factor-based investing
• Direct indexing services
• Systematic alpha strategies
• Active tax management

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

1. Investment Advisory Fees: V-Square operates as a registered investment adviser generating revenue through management fees on assets under management. They manage passive, thematic, risk premium factors, and active tax management strategies across separate client accounts and pooled funds for institutional and wealth clients.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

V-Square Quantitative Management is an SEC-registered investment adviser that provides systematic, factor-based investment management services to institutional and wealth clients. The firm delivers three core product lines — Direct Indexing, Systematic Alpha, and Liquid Alternatives — across separately managed accounts, model portfolios, and pooled funds, complemented by Active Tax Management and a proprietary Completion Portfolio service. Strategies span US and global equities, ESG-integrated and factor-tilted portfolios, and quantitative long/short approaches.

Product overview

V-Square Quantitative Management operates as a multi-strategy investment management platform offering three core product lines: Direct Indexing (customized Core Equity, Fixed Income, and Tax-Aware Equity), Systematic Alpha (Long/Short Equity, Risk-Controlled Momentum, Multi-Factor), and Liquid Alternatives (PE Return Replication, Listed Real Assets). The platform is built around a systematic rule-based approach combining these investment capabilities with advisory services including the V-Square Completion Portfolio for factor exposure diagnosis, Active Tax Management, and Custom Indexing. Their strategies span US and Global equities with ESG and factor focus (US Small Cap Value, US Quality Dividend Growers, US Risk-Controlled Momentum, US All Cap Stakeholders, World ESG Materiality and Carbon Transition, Global Infrastructure, Global Upstream Natural Resources), index strategies (MSCI ESG Leaders, ISS ESG US Diversity, MSCI Low Carbon Leaders, iBoxx ESG Fixed Income), and research publications through Pragmatic Perspectives. The firm serves both institutional and wealth clients through separately managed accounts, model portfolios, and pooled funds, leveraging partnerships with major custodians including Northern Trust, JP Morgan, Goldman Sachs, US Bank, BMO, BNY, Pershing, and Charles Schwab.

Differentiator

Problem solved

Functional benefit

Products and services

• Direct Indexing

Quantifiable outcome

• 96% compound annual growth in assets from 2022 to 2025
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered minor and core.

• ESCP Energy Management Center (EMC)minorStrategic or Co-development PartnerV-Square has formed a partnership with ESCP Energy Management Center. Mamadou-Abou Sarr serves on the Advisory Board of the Center, which builds partnerships between energy corporations, government agencies, and the academic community. V-Square advises on curricula development, research impact on business practices, and current/future activities benefiting the center's partners, affiliates, students and alumni.
• Internationally Renowned Engineering and Business SchoolscoreStrategic or Co-development PartnerV-Square has formed partnerships with internationally renowned engineering and business schools to create a two-way bridge between theory and practice. The firm follows an embedded research framework where multidisciplinary researchers work in tandem with portfolio managers. Habib Moudachirou serves as Visiting Professor for University of Chicago's Master of Financial Mathematics Project Lab and as former Adjunct Professor for NYU SPS Faculty Finance and Law Programs.
• MSCIcoreTechnology or IntegrationV-Square utilizes MSCI indexes and ESG data for portfolio construction and strategy implementation. Strategies reference MSCI World ESG Materiality and Carbon Transition Select Index, MSCI USA ESG Leaders Index, MSCI EAFE ESG Leaders Index, MSCI World Low Carbon Leaders Index, and other MSCI benchmarks for client portfolios.
• ISS ESG (Institutional Shareholder Services)coreTechnology or IntegrationV-Square utilizes ISS ESG data for portfolio construction, particularly for the ISS ESG US Diversity Index strategy which reflects equity performance of U.S. companies based on ethnic and gender representation metrics.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Dimensional Fund Advisors: Multi-factor systematic asset manager using academic factor research (Fama-French) to deliver value, small-cap, and profitability strategies. Dimensional's academic-research-driven factor approach closely mirrors V-Square's factor premia platform, serving similar institutional and wealth channels.
• AQR Capital Management: Quantitative investment firm applying academic factor research across equities, alternatives, and multi-asset strategies. AQR is a direct comp in systematic alpha, long/short equity, and multi-factor risk premia, with similar institutional and wealth distribution.
• Aristotle Capital Management: Multi-affiliate RIA with systematic and factor-based strategies for institutional and wealth clients. Aristotle's structure of specialized investment affiliates and focus on research-driven portfolio management is comparable to V-Square's systematic platform.
• Parametric Portfolio Associates: Direct competitor in custom direct indexing and systematic tax-managed strategies. Parametric is a pioneer in direct indexing and serves HNW and institutional clients with customized portfolios, overlapping closely with V-Square's direct indexing and tax-aware equity offerings.
• Research Affiliates: Smart beta and factor investing pioneer (inventors of RAFI fundamental index). Research Affiliates licenses factor-based strategies and competes with V-Square in multi-factor and fundamental-weighted equity strategies for institutional clients.

Broad incumbents

• WisdomTree Investments: Asset manager with factor-based and thematic ETF strategies including dividends, small-cap, and quality. WisdomTree's systematic equity approach and ESG offerings have thematic overlap with V-Square's US Small Cap Value, Quality Dividend Growers, and ESG strategies.
• BlackRock (iShares Factor ETFs): Largest asset manager globally with a broad range of factor-based systematic ETFs and SMAs. BlackRock competes with V-Square in factor and ESG strategies as part of a much larger product portfolio, serving overlapping institutional and wealth clients.
• State Street SPDR factor ETFs (SSGA): Major asset manager offering factor, ESG, and quantitative equity strategies. SSGA's factor ETF suite and institutional SMA offerings overlap with V-Square's factor and ESG strategies, though delivered through a much larger platform.

Emerging players

• Alpha Architect: Quantitative asset manager applying academic factor research to ETF and SMA strategies. Alpha Architect is a smaller, research-driven quant firm with factor-based equity strategies that overlap with V-Square's factor platform at a more emerging stage of scale.
• NorthCoast Asset Management: Boutique quantitative equity manager with proprietary multi-factor models and institutional/wealth distribution. NorthCoast's focus on factor-based active equity and custom research mirrors V-Square's multi-factor risk premia platform at similar scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/watch?v=SqXNb4kWOO0
• LinkedInlinkedin.com/company/vsqm
• Xx.com/vsquant

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about V-Square Quantitative Management