Ying Wang

All posts by Ying Wang

How Does Emerging CPG Perform in a Recession?

Ten years into a bull market and with news of an inverted yield curve, it is only natural for investors to ask about the performance of specific asset classes during a downturn. Below is the answer for the asset class we focus on – emerging consumer packaged goods (CPG). For context, CircleUp takes a data ...

Backtests in the Private Markets – A New Approach

“Backtest” and “private markets” are not often used in the same sentence. CircleUp is changing that by building the first ever systematic VC fund in the private markets and utilizing backtests to validate the approach. In short, this means that we rigorously test the investment strategy using historical data in a way that has never ...

Why I joined CircleUp

Throughout my career, I have been fortunate to work with a top tier investment bank and leading quant hedge fund. I had the chance to build mathematical models for multi-million dollar private investments at Goldman Sachs, and manage a billion dollar systematic macro fund at AQR Capital. Two absolutely amazing firms, with world class people ...