Octant Quantitative Investment Management LLC (“Octant”) was founded by David Holley and Michael Thornton. Messrs. Holley and Thornton established the firm in 2012, after nearly six years of collaboration. In 2013, the firm was registered as an investment advisor and began managing capital on behalf of clients. Prior to March 2021, the firm was known as Millcreek Asset Management LLC.
David T. Holley, CPA
Mr. Holley is a Managing Director of Octant Quantitative Investment Management LLC. Mr. Holley has over 18 years experience in developing quantitative investment trading strategies. Many of these strategies are employed by and form the backbone of Octant’s trading strategies.
Mr. Holley holds a MAcc, as well as a B.S. in Accounting, from Brigham Young University. He is a Certified Public Accountant (CPA).
Mr. Holley had over 30 years experience as a CPA, starting his career at Arthur Andersen & Co. Mr. Holley audited and consulted multi-billion dollar public, private, and non-profit corporations in various parts of the world. His most recent efforts included being an expert and consulting witness in commercial litigation cases, conducting fraud examinations, and performing forensic accounting.
Mr. Holley has lectured at Brigham Young University and is conversant in Spanish. Mr. Holley has passed the Series 65 exam.
Michael J. Thornton, CFA
Mr. Thornton is a Managing Director of Octant Quantitative Investment Management LLC. Mr. Thornton has over 15 years of algorithm development and alternative investment experience. Prior to Octant, Mr. Thornton worked for an investment consulting firm advising institutional clients on alternative investments.
Mr. Thornton also worked for Credit Suisse in their Alternative Investments Division, the University Venture Fund and the Utah Fund of Funds.
Mr. Thornton holds a B.A. in Finance from the University of Utah, graduating cum laude as a Research Scholar, with both University and Departmental Honors. Mr. Thornton holds the Chartered Financial Analyst (CFA) and Chartered Alternative Investment Analyst (CAIA) designations and is conversant in German. Mr. Thornton has passed the Series 65 exam.
Senior Associate | Business Development
Evan Holley is a senior associate of business development for Octant Quantitative Investment Management. He has been with the firm for over four years. His duties in the firm include marketing, sales and investment trading. He is knowledgeable in investment analysis, sales, and graphic design. Before working for Octant, he worked in sales for several different companies.