Jeffrey Sherman

Director of Quantitative Strategies

Mr. Sherman is a quantitative analyst specializing in portfolio construction of multi-factor portfolios as well as asset allocation. Prior to joining 2VA, Mr. Sherman worked with State Farm Investment Planning Services to develop model portfolios and capital market assumptions for their new advisory platform. At State Farm, Mr. Sherman also led the manager research and selection process in several equity sub-asset classes. 

Previously, Mr. Sherman served as an Investment Officer in the Public Equities Division of the New York State Teachers’ Retirement System. As a member of the internal equity investments team, Mr. Sherman was responsible for the portfolio management of the system’s $45B internal equity portfolios, consisting of both passive and actively managed portfolios. He also supported the systems external investments team by providing ongoing monitoring and performance attribution analysis of the system’s $30B externally managed portfolios.

Additionally, Mr. Sherman conducted portfolio construction research of multifactor tilt quantitative equity portfolios, introduced the use of R statistical programming for the purposes of statistical data analysis, data visualization, to streamline various internal processes, and developed machine learning models using various methods, for the prediction of bankruptcy, M&A transactions, and index changes.

Mr. Sherman holds a master’s degree in Quantitative Finance & Risk Analytics from Rensselaer Polytechnic Institute, and a bachelor’s degree in Mathematics from the University at Albany, State University of New York.