Spencer Hakimian’s path from a curious student investor to the helm of a thriving hedge fund reflects both instinct and discipline. As founder and chief investment officer of Tolou Capital Management, he unites data-driven strategy with a curiosity about the forces that shape economies. His work balances the precision of a professional investor with the perspective of someone who studies markets as evolving stories over time.
His fascination began in middle school, when a mock $100,000 portfolio grew to $220,000 under his guidance. That early experiment revealed an innate talent for seeing opportunity where others saw noise. Drawing from history and psychology, Hakimian developed an understanding that market cycles often repeat. This conviction—linking human behavior to market dynamics—remains central to his approach to investment.
In 2019, Hakimian launched Tolou Capital Management in New York, committed to delivering returns in any market environment. The firm applies a global macro, market-neutral, and risk-optimized model, allocating across equities, sovereign debt, commodities, currencies, and cryptocurrencies. Each allocation reflects a balance between diversification and risk control, designed to preserve capital while seeking sustainable growth.
Tolou manages approximately $65 million in assets and has achieved equity growth exceeding 150% since inception. Its structure—free of investor lockups—signals a commitment to transparency and accessibility. This investor-first design has helped position the firm as both nimble and trustworthy, capable of adapting to changing market conditions without sacrificing stability.
Outside the trading floor, Hakimian is known for translating complex economic developments into actionable insights. His commentary has appeared in Bloomberg, CNN, Reuters, Fox News, and The New York Times, sparking industry discussion on trade policy, competitive shifts, and economic risk. As host of the Forbes podcast “What’s Moving Your Money,” he examines the intersections of policy, global events, and investor behavior.
Spencer Hakimian’s philosophy is rooted in the belief that successful investing requires understanding both data and the human patterns that repeat through history. Under his leadership, Tolou Capital continues to deliver disciplined results while fostering a broader conversation about global markets. His influence is defined not only by portfolio performance but by the way he helps investors see the connections shaping the financial world.
Read More ▾