Chi-fu Huang (Chinese: 黃奇輔; born 1955) is a Taiwanese businessman, retired hedge fund manager, and economist.
PGAM was one of the largest fixed income relative value focused hedge funds during the 10 years that Huang served as CEO and CIO.
Before founding PGAM, Huang was with Long Term Capital Management L.P. (LTCM) from 1995 to 1999 and was a Partner and Co-Head of its Asia office in Tokyo from 1997 until 1999.
Huang's work on utility theory has allowed researchers to include in their models some intuitively appealing aspects of individual preferences that were previously ignored because they were too difficult to formalize.
Additionally, he has expanded the applicability of auction theory to financial markets by studying price behavior in actions conducted by participants who are purchasing items for resale rather than for their own use.