10,000+

Investment products tracked

2,000+

Investment reports produced

15+ years

Allocator experience on average

Access

Coverage across hedge funds, liquid alternatives, and QIS

Trusted

By leading public and private organizations

BaFin-regulated

by the German financial services authority

How we got started

We are portfolio builders and investment specialists. In 2019, we founded Resonanz Capital because professional investors needed more than a recommendation — they needed a portfolio, designed to purpose and managed with discipline.

Today the firm delivers through two primary capabilities: Jazz (flagship multi-strategy UCITS) and Investment Solutions (bespoke portfolio construction and overlay strategies). Where it adds meaningful value, we also provide selective manager selection support. One firm. Designed to build, not to advise.

Our mission

To build and manage multi-strategy portfolios that put alternative sources of return to work for professional investors — in formats that are structured, transparent, and built for real-world implementation. We design the portfolio. We manage the allocation. We stand behind the result.

What our name means

"Resonanz" is German for "resonance" — and a reflection of our Frankfurt roots.

In physics, resonance is reinforcement through alignment: precise inputs amplified into meaningful outcomes.

That is how we think about portfolio construction. Every allocation decision, every strategy combination, every risk parameter is deliberate.

"Capital" states what we are: an investment manager, focused and purposeful.

Our management

Vincent Weber RC-01-SW

Vincent Weber

CEO and Head of Research

Vincent Weber is CEO and Head of Research at Resonanz Capital, which he co-founded in Frankfurt in 2019. His work sits at the intersection of portfolio construction and systematic strategies — focused on building multi-strategy portfolios that combine alternative sources of return, active allocation, and disciplined risk management. Before founding Resonanz Capital, Vincent led the Absolute Return team at Prime Capital AG. He holds degrees from Imperial College London, Goethe University Frankfurt, and Dauphine University Paris, and contributes regularly to leading industry publications on multi-strategy investing and portfolio construction.

Iliyan Iliev_RC-04-SW

Iliyan Iliev

COO, Head of Portfolio Management

Iliyan Iliev is COO, Head of Portfolio Management, and Co-founder of Resonanz Capital. Previously a Director and member of the Absolute Return Group at Prime Capital AG, he oversaw the management of customised portfolio mandates and chaired a sub-investment committee for a multi-billion, multi-asset institutional mandate. Prior to Prime Capital, he held a position at Allianz Global Investors. CFA Charterholder. Master's degree in Finance from Goethe University, Frankfurt.

Our team

Atanas Angelov_SW_ 10_04_office_img-7124-2

Atanas Angelov

Software Developer

Atanas Angelov is a key member of the development team at Resonanz Capital, specializing in user interface (UI), user experience (UX), and artificial intelligence (AI) interactions. He brings extensive expertise in understanding user behavior, crafting intuitive designs, and enhancing overall user satisfaction. Prior to joining Resonanz Capital, Atanas led a team dedicated to building innovative web applications. His background encompasses consumer behavior analysis, marketing strategies, and software development, with a particular focus on UX and UI design.

michael-bull

Dr. Michael Bull

Senior Advisor

Michael Bull has over 35 years of experience in global markets, macroeconomics, multi-asset allocation, derivatives, quantitative index strategies, and fund due diligence. He began his career in 1990 at Paribas Capital Markets in London, focusing on equity derivatives, before moving to the buy-side with Soros Fund Management (Quantum Fund) in 2000.

He later served as co-portfolio manager of a global absolute return fund of hedge funds on a leading institutional managed account platform, where the strategy consistently ranked in the top 2% of its peer group over a 10-year period. Most recently, he was Chief Investment Officer at Hawthorne Asset Management, a MAS-regulated firm in Singapore.

Michael holds a D.Phil. in Theoretical Physics from the University of Oxford and completed postdoctoral research at Harvard University. He is an Associate Member of the Chartered Institute for Securities & Investment and holds the Investment Management Certificate (CFA Society) and the CISI Investment Advice Diploma – Derivatives.

 

Hamid Darabi_SW_10_04_office_img-7134-2

Dr. Hamid Darabi

Senior Developer

Dr. Hamid Darabi is the Senior Developer at Resonanz Capital, responsible for designing, developing, and maintaining the complex business logic functionalities that underpin the company's core systems and processes. Before joining Resonanz Capital, He held pivotal roles at OpenBulgaria, where He excelled as a multifaceted Backend Developer, DevOps, and Automation Engineer, and at Compilat, a global FinTech expert, as a Senior Software Engineer. With a unique approach to problem-solving, a keen eye for subtle bug detection, and expertise in software development, Hamid brings a strong FinTech background, notably having successfully developed from scratch a risk assessment and analysis product for financial institutions, evaluating potential threats within a remarkably short span of six months.

About-person-placeholder

Milen Drenski

Head of Resonanz Technologies

Milen Drenski leads the technology subsidiary of Resonanz Capital in Bulgaria. Before joining the company, he was Head of Product at Sowatec (Pfäffikon, Switzerland), where he was responsible for the team developing a fund fee management solution. With extensive experience in software product development and leading successful engineering teams, Milen Drenski brings a strong technical background and expertise in building innovative technology solutions.

Latifa El-Baye RC-02-SW

Latifa El-Baye

Senior Corporate & Regulatory Manager

Latifa El-Baye is an experienced Finance and HR manager with a strong background in financial management and controlling. In the current role at Resonanz Capital GmbH (RC), Latifa is responsible for Finance Management, Controlling, Regulatory Reporting and Human Resources, while also contributing to compliance, and KYC processes.

With a track record, Latifa played a key role at RC, where she established the Finance and HR departments from the ground up, successfully implementing all related processes and driving digital transformation.

Before joining Resonanz, Latifa gained valuable experience on financial controlling. She then worked at Prime Capital AG, initially in the areas of OM and Finance, before taking on the role of Finance Manager for Infrastructure (Asset Management).

Earlier in her career, Latifa gained extensive experience in Audit and Taxation serving as an audit and tax assistant at Dornbach Treuhand GmbH during and after completing her studies.

She studied Public Management and obtained the degree "Diplom Betriebswirt (FH)" (equivalent to a Diploma in Business Administration from a University of Applied Sciences).

About-person-placeholder

Venera Gallousis

Senior Compliance & Legal Manager 

Venera Gallousis is Senior Compliance & Legal Manager at Resonanz Capital, where she oversees the firm’s compliance, legal, and regulatory matters. Prior to joining Resonanz Capital in 2026, she spent 17 years at Deutsche Bank AG as a Compliance Officer, working across several compliance divisions and leading global projects to implement regulatory requirements. She began her career as an associate at the international law firms Linklaters and Weil, Gotshal & Manges.

Venera holds a J.D. from the University of Texas at Austin and a B.A. from Northwestern University. She is admitted to the New York Bar and is a member of the Frankfurt Bar Association (Rechtsanwaltskammer).

Thomas Haile_RC-03-SW

Thomas Haile

Manager Compliance & Regulatory

Thomas Haile is Compliance, AML and regulatory specialist with more than 30 years of professional experience in credit business and asset management. At Resonanz Capital, he is responsible for Compliance, Risk Management and regulatory matters. Before joining Resonanz Capital, he assumed similar positions at Robus Capital Management and FCB Firmen-Credit Bank. Thomas is Certified Compliance Professional (CCP) of the Frankfurt School of Finance & Management and has a proven track record in licensing processes with BaFin.

Chang Liu_RC-08-SW

Chang Liu

Product Lead

Chang Liu is Product Lead – Investment & Risk at Resonanz Capital, where he supports the firm’s investment and risk management operations through hands-on modeling, data analysis, and internal product development. In his role, Chang bridges the gap between portfolio management, risk oversight, and technical implementation—designing tools and workflows that enhance transparency, analytical precision, and operational efficiency.

Before joining Resonanz Capital, Chang was a Risk Manager at Prime Capital AG, where he specialized in quantitative risk analysis for private debt investments. He brings a strong background in quantitative finance and technology-driven solutions to investment management, with expertise spanning portfolio analytics, financial risk modeling, and data infrastructure for investment workflows.

Frederik Middelhoff_RC-06-SW

Dr. Frederik Middelhoff

Director

Dr. Frederik Middelhoff is a Director at Resonanz Capital, where he contributes to the development of the firm’s investment platform with a focus on portfolio construction, portfolio management, and quantitative research. His work spans the design and implementation of investment strategies, day-to-day portfolio oversight, and advancing Resonanz’s capabilities at the intersection of quantitative methods and technology.

Prior to joining Resonanz Capital, Frederik was a Postdoctoral Researcher at the University of Münster’s Chair of Derivatives and Financial Engineering, where he presented his research on volatility at leading international conferences. He holds a PhD in Finance and an MSc in Business Administration, both from the University of Münster.

Saadeddine-Yahia

Saâdeddine Yahia

Director

Saâdeddine Yahia is the Investment Director at Resonanz Capital, where he spearheads the firm’s fundamental strategies research and selection. With a proven track record of identifying and executing high-value investment opportunities, he plays a pivotal role in shaping the firm’s approach to alternative credit markets and driving investment innovation.

Before joining Resonanz Capital, Saâdeddine was an Investment Manager at Prime Capital AG within the Absolute Return Group, where he led strategic initiatives in alternative credit investments. His expertise spans direct credit investments, portfolio structuring, and strategic manager selection, positioning him as a key figure in the industry.

A CFA Charterholder, Saâdeddine holds an MSc in Management with a major in Finance and Capital Markets from EMLYON Business School, Lyon.

About-person-placeholder

Roger Yampang

Junior Quantitative Analyst

Roger Yampang is a Junior Quantitative Analyst at Resonanz Capital. He supports quantitative research and implementation, leveraging strong programming and data analysis skills. Prior to joining Resonanz Capital, Roger gained hands-on experience in quantitative investing as an Intern in Quantitative Investment Strategies at ODDO BHF Asset Management, where he implemented and enhanced research models in Python.

Roger holds a B.Sc. in Informatik from Frankfurt University of Science and is currently pursuing an M.Sc. with a focus on AI/ML at TU Darmstadt.

Ivo Zonev_RC-05-SW

Ivo Zonev

Director

Ivo Zonev is an Investment Director and Co-Founder at Resonanz Capital, responsible for fund selection and portfolio management. Before joining Resonanz Capital, he was a Managing Director at Prime Capital AG and an Investment Analyst at Feri Institutional Advisors in similar functions. With expertise in due diligence and portfolio construction, Ivo Zonev brings a strong background and a proven, internationally awarded track record in hedge fund investing.

Our core values

Knowledgeable

We study, test, and document our reasoning. The work is visible because it is meant to be examined.

Professional

Precision in portfolio construction. Rigour in process. A fiduciary mindset at every level.

Rigorous

We test our thinking, apply systematic methods to portfolio construction, and build processes designed to hold up under scrutiny.

Transparent

Clear rationale. Structured reporting. A portfolio process that professional investors can examine, present, and defend.

Our clients

Wealth Managers

We work with wealth managers building model portfolios and bespoke mandates. They need alternative exposure that is liquid, transparent, and structured — and a rationale their investment committees can examine and defend. That is what we build.

Family Offices

We work with principals, CIOs, and investment professionals who need alternative exposure that is structured, defensible, and proportionate to the portfolio. We build around your objectives and constraints — and deliver a portfolio rationale that is clear enough to present and rigorous enough to stand behind.

Institutional Investors

We align multi-strategy portfolio construction with liability profiles, risk budgets, and governance requirements. Structured implementation. A rationale built to withstand trustee and committee scrutiny.

What we do

In-depth market analysis

We research multi-strategy exposures across QIS, liquid alternatives, and systematic strategies. We examine return drivers, stress-test portfolio fit, and benchmark against peers. The output is a clear, structured rationale — the kind that holds up in an investment committee.

Tailored portfolio construction

We design portfolios around specific objectives and constraints. We set allocation parameters, scenario boundaries, and oversight routines tailored to the mandate. The portfolio rationale is documented — clear enough to explain, and structured enough to defend.

Disciplined investment process

We apply rigorous portfolio construction and quantitative analysis to multi-strategy investing. Our process draws on deep expertise in QIS, liquid alternatives, and systematic strategies — translated into portfolios built for real-world implementation.

Ongoing reporting and oversight

We provide structured reporting on portfolio composition, process, and risk characteristics. We also offer research and educational resources to support investment conversations across teams with varying levels of familiarity with alternative strategies.

Come work with us

Resonanz Capital is building something that has not been built before. We are a small, serious team working at the intersection of portfolio construction, systematic strategies, and technology.

If you want to do work that matters and be part of a firm that holds itself to account, we would like to hear from you.

Junior Quantitative Researcher (Entry Level)

Impact from week one • Ship small models & automations with measurable results • Weekly mentorship & bi-weekly reviews with stakeholders • Python/ML/Finance + modern AI research stack • Transparent path to Quant Researcher in ≤12 months.

Quantitative Research Intern (6 Months, Paid)

Impact from week 1 · 3 shipped deliverables (micro‑automation, SOP, client‑grade brief) · Weekly mentorship & Demo Days · Python/ML/Finance/LLMs· Hybrid Frankfurt · Paid with conversion path to Junior Quant · Time‑boxed assessments & fast feedback.

Read our blog

The Private Credit Liquidity Reckoning

Semi-liquid private credit vehicles promised investors the yield of private lending with the flexibility of periodic redemptions — and the first quarter of 2026 demonstrated, with uncomfortable clarity, that this promise has structural ...
8 min read

After the Correlation Shock: How March 2026 Broke — and Reshaped — a Popular Vol Trade

March 2026 delivered one of the worst monthly returns for equity dispersion strategies in over a decade — with a JPMorgan index tracking the trade down 4.9%, driven by a geopolitical shock that pushed implied correlation sharply higher. ...
8 min read

What Jürgen Habermas Taught Us About Better Investing

Under what conditions can human beings reason together toward better decisions? It is a difficult question — and, for anyone who has sat in an investment committee, a familiar one. Jürgen Habermas spent seven decades asking it. He died on ...
6 min read