About Us

History

Navigating Global Markets with Precision

Tang Capital Advisors leverages this comprehensive expertise to interpret market signals that others might miss, identifying structural shifts in the global economy before they become apparent to mainstream analysts. This seasoned perspective allows the firm to navigate the intricate relationships between monetary policy, fiscal decisions, political developments, and market psychology that define successful macro investing.

The firm's approach is distinguished by its ability to synthesize quantitative analysis with qualitative understanding of human behavior and institutional dynamics—a combination that has proven essential in a world where traditional economic models often fail to capture the full complexity of market movements.

Our Office
Our Office
Our Office
Our Office

Elite-Level Experience

Founded by veteran hedge fund executive Rich Tang, Tang Capital Advisors brings 35 years of elite financial expertise to the complex world of macroinvesting.

Macro Integration

The firm excels in interpreting the complex relationships between monetary policy, fiscal decisions, political developments, and market psychology.

A Balanced Approach

Tang’s experience at the forefront of quantamental macro investing coupled with deep qualitative understanding of human behavior and institutional dynamics.

Our Office
Our Office

Vision

A Holistic Perspective

At Tang Capital Advisors, we recognize that financial markets are ultimately reflections of human activity, shaped by psychology, policy decisions, and technological change.

Our methodology combines quantitative analysis with qualitative insights into human behavior and institutional dynamics that help us estimate probabilistic outcomes. This balanced perspective allows us to look beyond conventional metrics to understand the true drivers of market movements.

Managing Principal

Rich Tang

Ceren Kurt

Mr. Richard Tang is currently the Managing Principal of Tang Capital Advisors. He also serves as Vice Chairman Emeritus and Senior Advisor to Rokos Capital Management.

Prior to founding Tang Capital Advisors, Rich joined Rokos Capital Management in February 2020 as a Partner, Global Head of Markets and Head of the New York office. Rich was responsible for managing the investment teams and the investment process in addition to being a member of the 5-person Partnership Board that manages the firm. He was responsible for the re-design of the fund’s investment structure. He had also managed the Trading and Treasury team, Economic Research, Risk Management, Trading Strategy and Investor Relations/Marketing departments.

Previously, he was Head of Trading at Element Capital from 2014-2020 where he was on the Risk Committee, started the PM Program, and managed the Economics team.

Prior to that, Rich spent nearly 20 years with RBS/Greenwich Capital, most recently as Head of Fixed Income, Currency, and Equity Sales for the Americas, and on the Board of RBS Securities. He was also a member of their Global Markets Executive Committee and the Americas Executive Committee.

Rich also served as Head of International and Emerging Market Sales at HSBC Markets from 1994-1995, after beginning his career at Salomon Brothers in Corporate Liability Arbitrage and International Sales (1990-1994).

Rich was a member of the U.S. Treasury’s Borrowing Advisory Committee from 2009-2014, responsible for advising the U.S. Treasury Department on debt issuance, composition, and market conditions.

Mr. Tang graduated from Yale University with a BA in Economics.

contact@tangcapitaladvisors.com

Ceren Kurt

Mr. Richard Tang is currently the Managing Principal of Tang Capital Advisors. He also serves as Vice Chairman Emeritus and Senior Advisor to Rokos Capital Management.

Prior to founding Tang Capital Advisors, Rich joined Rokos Capital Management in February 2020 as a Partner, Global Head of Markets and Head of the New York office. Rich was responsible for managing the investment teams and the investment process in addition to being a member of the 5-person Partnership Board that manages the firm. He was responsible for the re-design of the fund’s investment structure. He had also managed the Trading and Treasury team, Economic Research, Risk Management, Trading Strategy and Investor Relations/Marketing departments.

Previously, he was Head of Trading at Element Capital from 2014-2020 where he was on the Risk Committee, started the PM Program, and managed the Economics team.

Prior to that, Rich spent nearly 20 years with RBS/Greenwich Capital, most recently as Head of Fixed Income, Currency, and Equity Sales for the Americas, and on the Board of RBS Securities. He was also a member of their Global Markets Executive Committee and the Americas Executive Committee.

Rich also served as Head of International and Emerging Market Sales at HSBC Markets from 1994-1995, after beginning his career at Salomon Brothers in Corporate Liability Arbitrage and International Sales (1990-1994).

Rich was a member of the U.S. Treasury’s Borrowing Advisory Committee from 2009-2014, responsible for advising the U.S. Treasury Department on debt issuance, composition, and market conditions.

Mr. Tang graduated from Yale University with a BA in Economics.

contact@tangcapitaladvisors.com

Ceren Kurt

Mr. Richard Tang is currently the Managing Principal of Tang Capital Advisors. He also serves as Vice Chairman Emeritus and Senior Advisor to Rokos Capital Management.

Prior to founding Tang Capital Advisors, Rich joined Rokos Capital Management in February 2020 as a Partner, Global Head of Markets and Head of the New York office. Rich was responsible for managing the investment teams and the investment process in addition to being a member of the 5-person Partnership Board that manages the firm. He was responsible for the re-design of the fund’s investment structure. He had also managed the Trading and Treasury team, Economic Research, Risk Management, Trading Strategy and Investor Relations/Marketing departments.

Previously, he was Head of Trading at Element Capital from 2014-2020 where he was on the Risk Committee, started the PM Program, and managed the Economics team.

Prior to that, Rich spent nearly 20 years with RBS/Greenwich Capital, most recently as Head of Fixed Income, Currency, and Equity Sales for the Americas, and on the Board of RBS Securities. He was also a member of their Global Markets Executive Committee and the Americas Executive Committee.

Rich also served as Head of International and Emerging Market Sales at HSBC Markets from 1994-1995, after beginning his career at Salomon Brothers in Corporate Liability Arbitrage and International Sales (1990-1994).

Rich was a member of the U.S. Treasury’s Borrowing Advisory Committee from 2009-2014, responsible for advising the U.S. Treasury Department on debt issuance, composition, and market conditions.

Mr. Tang graduated from Yale University with a BA in Economics.

contact@tangcapitaladvisors.com