Lemuel Soh, PhD, joined Bridgeway in 2018 and became a Partner in 2020. His responsibilities include researching the statistical efficacy of financial models and supporting portfolio managers’ strategy execution. He also develops data analytics systems to explore new factors, find optimal trade-offs inherent in portfolio construction, and ensure seamless practical implementation.

Lemuel earned his PhD in Chemical and Biomolecular Engineering from the University of California, Los Angeles (UCLA). While at UCLA, he completed extensive coursework at the Anderson School of Management. In addition to his PhD, Lemuel holds an MS in Computer Science from UCLA, an MS and BS in Bioengineering from Rice University, and a BA in Economics from Rice University. He is passionate about offering financial education resources and tools to recent college graduates and disadvantaged communities. He also serves at the Houston Christian Assembly.

Dmitriy Lyukhter is an Associate Portfolio Manager. He joined Bridgeway in 2019 and is focused on the development and launch of the firm’s international and alternative equity strategies. With more than 20 years of experience in financial services on both the buy and sell sides at BNY Mellon, TIAA, Lehman Brothers, and the Ford Foundation, Dmitriy has developed expertise in the equity and alternative investments space.

Dmitriy earned an MBA in Financial Management from Pace University and a BA from St. Petersburg University. He also earned a certificate in Financial Risk Management from New York University. Passionate about education, Dmitriy has been a volunteer financial literacy teacher at the Globe Institute of Technology in New York.

Kai Liu, CFA, has been responsible for investment research, risk management, and statistical modeling at Bridgeway since 2011. He began his career in quantitative investing at Citadel Investment Group before joining Chicago Equity Partners in 2005.

Kai holds an MS in Financial Mathematics from the University of Chicago, an MS in Computer Science from the Illinois Institute of Technology, and a BS in Computer Science from the University of Texas at Austin. He is a CFA charterholder. He volunteers with Living Water International, meeting the need to provide basic infrastructure for rural areas, and with the Prison Entrepreneurship Program, which reduces the prison recidivism rate.

Donald Chang’s responsibilities include the day-to-day operations of investment management technology at Bridgeway. He is involved in the design and implementation of software systems to help improve efficiencies in Bridgeway’s statistical modeling, risk analysis, and portfolio management processes.. He previously worked at Quorum Business Solutions as the Product Architect, guiding development procedures and reviewing programming changes to the software solution.

Donald has a BS in Electrical Engineering from the University of Texas at Austin. He supports Houston Welcomes Refugees and Plant With Purpose, transforming lives in rural areas with sustainable agriculture training, micro-financing, and leadership development. He also volunteered with Living Water International, traveling to Nicaragua to help build a water well for the local community.

Christine Wang, CFA, CPA, is a Portfolio Manager. She began working at Bridgeway in 2008. Christine’s responsibilities include portfolio management, investment research, and statistical modeling. She has extensive experience managing US and international strategies. Christine also supports client relationship efforts, including client and prospect presentations and writing white papers on investment topics. Before joining Bridgeway, she worked in public accounting, focusing on energy trading and risk management.

Christine holds an MS in Accounting from the University of Virginia and a BA in Sociology and Managerial Studies from Rice University. She is a CFA charterholder licensed as a Certified Public Accountant in Texas. She participated in Bridgeway’s service trip to Peru and helped build water wells with Living Water International on trips to Honduras and El Salvador.

Andrew L. Berkin, PhD, is Head of Research and Portfolio Manager. He joined Bridgeway in 2013. Andrew oversees the development and implementation of Bridgeway’s statistically driven, evidence-based investment strategies. He also produces thought leadership material for clients, prospects, and external publications. Before joining Bridgeway, Andrew was co-chief investment officer and director of research for Vericimetry Advisors. He previously was a senior member and director of the quantitative research group at First Quadrant, where he spent 14 years in various responsibilities, including developing and implementing stock selection models in taxable and tax-exempt portfolios. Andrew has published numerous research articles on quantitative investing in peer-reviewed journals and co-authored two books. He is a reviewer for several publications, including the Financial Analysts Journal where he served two terms on its editorial board.

Andrew earned his BS with honors in Physics from the California Institute of Technology and a PhD in Physics from the University of Texas, where he concentrated his studies in general relativity and astrophysics.

Jacob Pozharny, PhD, is Co-Chief Investment Officer and Portfolio Manager. He joined Bridgeway in 2018. He leads the firm’s international and alternative equity investing efforts.  In this role, Pozharny works with the Bridgeway team to drive the development of international and global quantitative equity and alternative strategies and contributes to US strategies. He also supports client relationship efforts, enhancing Bridgeway’s presence as a thought leader. Jacob has 25 years of demonstrated success in developing institutional client solutions with consistent and scalable performance results. Jacob was formerly head of international equity research and portfolio management at QMA, a Prudential Global Investment Management (PGIM) company. There, he oversaw a quantitative equity investment platform spanning global, developed, and emerging separate accounts and commingled equity strategies. Previously, Jacob served as head of international quantitative equity at TIAA-CREF (now TIAA). He started his career at the Federal Reserve Bank of San Francisco in 1993, consulted at BCA Research in Montreal, and was an institutional equity portfolio manager at Nicholas-Applegate Capital Management before joining TIAA in 2001. Jacob’s research has been published in several peer-reviewed financial publications, including the Journal of Investing, Financial Analysts Journal, Journal of Portfolio Management, and Risks.

Jacob received his PhD in Applied Statistics from the University of California, Riverside; an MS in Statistics from the University of California, Riverside; an MS in Applied Economics and Finance from the University of California, Santa Cruz; and a BA in Economics, also from the University of California, Santa Cruz.

Elena Khoziaeva, CFA, is Co-Chief Investment Officer and Portfolio Manager. She leads Bridgeway’s US equity investing efforts and joined Bridgeway in 1998. Elena co-leads Bridgeway’s Investment Management Team with Jacob Pozharny and John Montgomery. Her responsibilities include oversight of the Bridgeway research program, portfolio management, trading, and investment systems.  Elena also supports client relationship efforts in collaboration with the Client Service Team. She serves as the Chair of the Best Execution Committee and a member of the Enterprise Risk Management Committee, Pricing Committee, and Liquidity Risk Management Committee.

Elena earned a Bachelor of Economic Sciences degree from Belarussian State Economic University in Minsk and graduated with highest honors from the University of Houston with an MBA in accounting. She successfully completed the Investment Management Workshop at Harvard Business School and continues to learn via online resources and reading.  She is an active member of the Houston CFA Society Chapter and previously served on the Women in Investment Management Committee. Elena’s areas of interest include behavioral finance and improving financial literacy in high schools.