From an early investing prodigy to the head of a fast-growing hedge fund, Spencer Hakimian has built a career rooted in strategic thinking, disciplined execution, and a global perspective. As founder and chief investment officer of Tolou Capital Management, he combines quantitative innovation with macroeconomic insight to deliver consistent results. His approach reflects both the precision of a professional investor and the curiosity of someone deeply interested in the historical and behavioral forces that shape financial markets over time.
Hakimian’s interest in investing began in middle school, where he turned a mock $100,000 portfolio into $220,000. This early achievement confirmed his natural skill and fueled a fascination with how economies operate. Rather than relying solely on technical indicators, he looked to history and psychology for patterns that repeat through economic cycles. These insights remain central to his investment process, allowing him to anticipate market movements and identify opportunities beyond the scope of short-term trends.
In 2019, Hakimian founded Tolou Capital Management in New York, creating a firm designed to perform in all market conditions. Tolou employs a global macro, market-neutral, and risk-optimized approach, with positions in equities, sovereign debt, gold, industrial commodities, fiat currencies, and cryptocurrencies. This strategy emphasizes diversification and risk balance, aiming to protect capital while driving steady growth. As of the latest data, Tolou manages about $65 million in assets and has achieved equity growth exceeding 150% since inception, all without investor lockups.
Hakimian’s impact extends beyond fund performance to thought leadership in financial media. He has analyzed how global trade policies, fiscal measures, and economic shifts can influence competitive advantages and risk profiles across industries. As host of the Forbes podcast “What’s Moving Your Money with Spencer Hakimian,” he connects policy changes, global events, and investor behavior, delivering perspectives that resonate with both professional and retail audiences.
Tolou’s results—cumulative returns nearing 300% with lower volatility than many peer funds—have earned it a respected place in the industry. In 2025, Spencer Hakimian was honored on Forbes’ 30 Under 30 in finance list, marking him as one of the sector’s rising leaders. Featured by Bloomberg, CNN, Reuters, Fox News, and The New York Times, he continues to blend global perspective with historical insight. The name Tolou, meaning “sunrise” in Farsi, reflects his belief in gradual yet transformative change, a principle at the heart of his investment philosophy.
