[2] Haghani was one of the founding partners of Long-Term Capital Management (LTCM), a hedge fund which collapsed in 1998 and was eventually recapitalized and restructured by a consortium of leading banks.
The son of an Iranian international trader of a Sephardic Jewish family, Victor Haghani graduated from the London School of Economics (LSE) in 1984, where he received a B.Sc.
[6] He has conducted research into asset allocation and low cost wealth management strategies, and he founded Elm Partners in 2011 to put those ideas into practice.
[6] Elm uses index-tracking funds to invest across the largest asset classes and tries to give its clients broad exposure to global economic growth at the lowest possible cost.
[7] Among other topics, James White and Victor Haghani discuss the field of ergodicity economics in their book The Missing Billionaires.