Phase3 was founded in 2018 by Ethan Youderian, Shane Hoover, and Karim Alwan, three industry veterans who had previously collaborated at PT Asset Management. Their shared vision and complementary skills led to the creation of Phase3, marking the third phase in each of their careers.

Our firm identifies and capitalizes on capacity-constrained opportunities across multiple asset classes, utilizing a blend of systematic strategies and fundamental trading in an attempt to deliver attractive risk-adjusted returns in all market environments.

Led by a former Citadel Senior Portfolio Manager, our team consists of 9 dedicated professionals, most of whom have worked together since 2013. This core group continues to leverage over eleven years of collaborative experience to navigate diverse market conditions effectively.

Get to know our team