Walter Capital Management has acquired a minority stake in Evovest, a Canadian quantitative investment manager that combines machine learning and portfolio management techniques in its investment process.
The investment is intended to accelerate Evovest’s research and development efforts, expand its capabilities in artificial intelligence-driven investing, and support its objective of building a world-class quantitative investment firm from Montréal.
Founded in Montréal, Evovest applies machine learning and artificial intelligence to alpha prediction in public equity markets. The firm develops proprietary quantitative models designed to identify investment opportunities across changing market environments. Its investment approach combines advanced data science techniques with established portfolio management practices to deliver systematic equity strategies.