Today Chiron CEO Enrico Gaglioti and CIO Ryan Caldwell hosted a dozen reporters at the startup's first ever press luncheon in Midtown Manhattan.

Gaglioti and Caldwell founded Chiron in September 2015 and launched their first fund in December of the same year with $25 million of their own capital. Today, they've still got one fund, but it has grown to $500 million in assets.

Though the firm has seen solid growth in twenty months, Gaglioti isn't building Chiron to compete with industry giants. He intends to keep the product suite focused to somewhere under ten funds.

"Our goal is to build a boutique asset management firm," explains Gaglioti.

For now, he says, the focus is on continuing to grow the fund they have. They're building out their distro force and looking to launch one or two more products at the end of 2017 or beginning of 2018. At the end of the month, they're launching UCITs in partnership with UBS.

Caldwell, a former Waddell & Reed portfolio manager, also explained Chiron's quantamental investing approach. The firm's chief administrative officer John Paul Armenio was also in attendance.

The event was held at the Del Frisco's at Rockefeller Center. Attendees had their choice of bacon-topped or caesar salad as a first course; steak, salmon or chicken for the lunch course; and chocolate cake or nutella bread pudding for dessert. 

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