About Us
History
Navigating Global Markets with Precision
Financial markets are undergoing structural evolution alongside technological and regulatory change. Tang Capital Advisors works with clients to navigate not only macroeconomic cycles, but also shifts in how markets are structured, accessed, and operated. This includes advising both traditional investment firms and digital financial services platforms on the implications of new regulatory frameworks, blockchain-based infrastructure, and the integration of artificial intelligence, while maintaining institutional standards of risk, liquidity, and governance.
Our perspective is informed not only by market analysis, but by direct engagement with policy and institutional decision-making, supported by longstanding relationships across central banking and regulatory communities.
Multi-Cycle Experience
Founded by veteran hedge fund executive Rich Tang, Tang Capital Advisors brings 35 years of 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.
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
Mr. Richard Tang is currently the Managing Principal of Tang Capital Advisors and also serves as Managing Principal and Head of Investments for the Alan Howard Family Office.
Before founding Tang Capital Advisors, Rich joined Rokos Capital Management in February 2020 as Partner, Global Head of Markets, and Head of the New York office. He oversaw the investment teams and investment process, sat on the five-person Partnership Board that runs the firm, and led a redesign of the fund’s investment structure. His remit also covered Trading and Treasury, Economic Research, Risk Management, Trading Strategy, and Investor Relations and Marketing.
From 2014 to 2020 he was Head of Trading at Element Capital, where he served on the Risk Committee, launched the PM Program, and managed the Economics team.
Earlier he spent nearly twenty years at RBS / Greenwich Capital, most recently as Head of Fixed Income, Currency, and Equity Sales for the Americas and as a director on the Board of RBS Securities. He also served on the Global Markets Executive Committee and the Americas Executive Committee.
He began his career at Salomon Brothers from 1990 to 1994 in Corporate Liability Arbitrage and International Sales, then served as Head of International and Emerging Market Sales at HSBC Markets from 1994 to 1995.
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.