Dr. Rama Rao



Financial Physics

financial physics

Read this in-depth Study of the
Hedge Fund Industry

Hedge fund book


Praise for the book

"A provocative study that makes one think about the future structure of the hedge fund industry. A timely study released as major deals are coming to light."

Lois Peltz, Managing Editor-MAR/HEDGE

"Exceptionally solid work, clear reasoning and well documented. Conclusions are both logical and insightful."

Hunt Taylor, Executive Director- Tass Management, Inc.

"This report addresses the rising tide of wealth in the U.S. and the bright future for alternative asset managers going into the next century. It also suggests we may begin to see a consolidation among alternative asset managers similar to what has been occurring in the traditional asset management industry over the last decade."

H. Bruce McEver, President-Berkshire Capital Corp.

"I read the report with admiration and recognition. It presents a very credible vision of the future of the hedge fund industry."

Arthur J. Samberg, Chairman & CEO- Dawson-Samberg Capital Management, Inc.

"This is a wonderful report on the hedge fund industry and the evolution concept is well articulated. We believe one day it will be considered imprudent not to hedge. Interestingly, Harvard, Yale, Stanford and Duke Universities already subscribe to that philosophy."

E. Lee Hennessee-Hennessee Hedge Fund Advisory Group

"This report puts a unique perspective on the hedge fund industry, and shares insight that was not previously available anywhere."

Peter W. Testaverde Jr., Partner Financial Services Group- Goldstein Golub Kessler & Co.

Excel collaborates with Russian institute

Collaborating with a Russian technical institute is just one more step in Rama Rao's plan to take Excel Technology (Holbrook, NY) out of the garage, so to speak, and into the big time.

"I have one chance to prove that you can take a few SBIRs and turn them into a $10-$20 million company," Rao, Excel founder and president, said. Until going public in May, SBIRs -- Small Business Innovation Research grants -- have been Rao's primary source of funding for Excel, a Ti:sapphire laser manufacturing firm with its eyes on the medical field.

Rao spent the week of Sept. 21-28 visiting the Byelorussian Polytechnic Institute (BPI -- Minsk, USSR), particularly BPI's Laser & Electronic Engineering Department -- where, he said, some 60 Ph.D.-level scientists are working on laser-related research and development but are "completely isolated from the outside world."

One of his goals for this collaboration is to bring to BPI the marketing and manufacturing expertise he said the institute currently lacks. For all its laser R&D experience, BPI currently has no commercial application involving any of its laser products, he said. Among the projects Rao claims Excel and BPI are working on are the utilization of several crystals grown only in Russia; a more efficient holmium laser; and a three-color Ti:sapphire laser for video displays.

Rao believes his company's success lies in medical lasers, and plans to focus on developing short-end solid-state tunable laser products that require shorter FDA approval time and lower doctor maintenance.

(From an article by Kathy Kincade, Laser Report.)