Exabel, the alternative data, AI and data science platform for active asset managers, today announced it has hired Jan Bratteberg as Chief Commercial Officer (CCO) and Nathaniel Cohn as VP of North America and Head of Data Partnerships.
The news follows the closure of a third funding round last month and the commercial launch of the firm earlier this year.
As CCO, Jan will build out further the commercial strategy of the company, as it seeks to disrupt the $2B alternative data market by making the datasets available more usable by investors without the need for in-house quants or technology infrastructure. Jan joins from San Francisco based investment management firm Algert Global, where he has been a Partner since 2016. Prior to this, he was a Managing Director at BlackRock where he spent 17 years in a variety of investment roles.
Nathaniel will drive Exabel’s US expansion and lead its data partnerships team, following on from the firm’s successful partnership with 1010data this year. Nathaniel spent seven years at GfK, a boutique alternative data research firm, leading the team that delivered data-driven insights to buyside and corporate clients. Most recently he was Director of Data Provider Partnerships and Solutions at Adaptive Management, an alternative data aggregator and solutions provider. An engineer by background, he also spent 11 years working as an analyst and portfolio manager at several firms, including Goldman Sachs.
Exabel CEO Neil Chapman said: “Both Jan and Nat will be integral to Exabel’s continued growth and the expansion of access to alternative data insight for investment teams, large and small, of varying investment styles. We continue to grow our world class team addressing a huge and rapidly-growing market that is ready for disruption. During the last month we have added over 50 years of aggregate buyside and alternative data domain experience to Exabel. Each of these appointments will boost the team’s experience and connections across the worlds we operate in and seek to bridge - investment management, alternative data and AI.”
The appointments come shortly after Exabel announced that it had closed a third funding round, bringing total funding to $12 million and after it secured one of the latest five places in the UK Investment Association's accelerator programme Engine early this year.
Jan joins the team in Oslo, while Nathaniel will be based in New York.