About
Li Zhang, CFA, is a General Partner at WEDGE Capital Management LLP in Matthews, NC, where she oversees the development and ongoing refinement of quantitative models applied across the firm's investment strategies. She has more than 22 years of investment experience and is an active member of the Investment Policy Committee, contributing to the firm's approach in both equity and fixed income markets, with a pronounced focus on value-oriented strategies for institutional clients.
Before joining WEDGE Capital Management in 2009, Li Zhang spent six years at Bank of America's corporate investment arm, developing quantitative strategies and economic forecasts, and previously served as a senior business analyst at Wachovia Bank, covering a range of banking activities. Her expertise is anchored in quantitative research, model development, and the application of disciplined, fundamentally-based investment approaches to identify market opportunities in sectors such as finance and consumer services, as well as broader equity and fixed income asset classes.
Ms. Zhang holds a Bachelor of Science in Industrial Management from Southwest Jiaotong University and a Master of Science in Operations Research from Northern Illinois University. She is recognized for her significant contributions to the advancement of quantitative investing within the institutional asset management industry, helping shape WEDGE Capital’s research-driven, value-centric investment philosophy.
Career History
| Organization | Role | Date Range | Details | 
|---|---|---|---|
| WEDGE Capital Management® L.L.P. | General Partner | Jan 2019 to Present | — | 
| Bank of America | Senior Economic Analyst | Feb 2007 to Feb 2009 | Developed various analytical frameworks to align the proprietary economic analysis and forecasts with market perspective to support bank’s balance sheet management capital commitment and risk manageme... | 
| Bank of America | VP, Equity Trader | Dec 2005 to Dec 2006 | Developed actionable quantitative strategies such as earnings surprise strategy and event-driven strategy. Developed and executed profitable trade ideas for the trading and strategic portfolios Correc... | 
| Bank of America | Senior Economic Research Analyst | Mar 2003 to Dec 2005 | Accurately forecast the earnings for Consumer Discretionary sector and Health Care sector using the top-down macro approach. Provided accurate macro forecasts on consumer spending and CAPEX to the tra... | 
| Wachovia, A Wells Fargo Company | Lead Business Analyst (Contract) | May 2009 to Dec 2009 | — | 
| WEDGE Capital Management | Senior Quantitative Analyst | Dec 2009 to Present | — | 
| Bank of America | Market Information Manager, Consumer Real Estate and Quantitative Finance | Jun 2002 to Feb 2003 | Performed business analysis, quantitative analysis and mining of different data sources using SAS/SQL and techniques such as clustering, profiling and decision trees. Built statistical and valuation m... | 
| Wachovia | Senior Knowledge and Research Analyst | Jul 1998 to Jun 2002 | Feburary, 2001~June, 2002, Consumer credit team leader •	Managed a team of three analysts under targeted marketing team, supporting the targeted marketing efforts of various internal clients, includin... | 
| First Union | Business Consultant | Jan 1998 to Jan 2001 | — | 
| Capital One | Analyst | Jan 1997 to Jul 1998 | — | 
Education
Northern Illinois University
M.S., Operations Research
1995 — 1997
Southwest Jiaotong University
B.S., Industrial Management
1989 — 1993
Others at Wedge Capital Management L L P/nc (17)
| Name | Role | Location | 
|---|---|---|
| AAndrei Bolshakov | General Partner | Charlotte, NC , United States | 
| AAndrew Rosenberg | General Partner | Charlotte, NC , United States | 
| General Partner | Charlotte, NC , United States | |
| General Partner | Charlotte, NC , United States | |
| Equity Analyst | Charlotte, NC , United States | |
| LLeah Long | Executive Vice President | Charlotte, NC , United States | 
| MMike Ritzer | General Partner | Charlotte, NC , United States | 
| RRich Hodde | partner | Charlotte, NC , United States | 
| General Partner, Director of Fixed Income | Belmont, NC , United States | |
| AAndrew Hamlin | Associate Equity Analyst | Charlotte, NC , United States |