Controversy Surrounds Allegations Against Quantitative Private Equity Firm

According to Odaily, a controversy has emerged in the private equity sector following allegations made by a former employee of the well-known quantitative private equity firm, Kuande Investment. The employee claimed on social media that the company used 'brain-machine weapons' to persecute its staff. In response to these abstract accusations, Kuande Investment issued a statement on February 18, clarifying the situation. The company acknowledged the presence of inappropriate remarks about them on online platforms. They confirmed that the individual who made these statements was briefly employed by the company from July 2022 and voluntarily left in early September of the same year, serving for approximately one month. Kuande Investment emphasized that the individual is no longer associated with the company and that the statements made are personal opinions containing false and misleading information.