Demian Reidel.
demian@demianreidel.com

About Demian Reidel

Across disciplines.

I began with physics: neural networks, stochastic processes and the mathematics of interacting systems. That work led me toward financial mathematics and economics.

From research, I moved into investing and building QFR, then into central banking and nuclear leadership. Each transition brought a different responsibility: for an argument, a portfolio, an institution or a project.

Demian Reidel at the International Atomic Energy Agency in Vienna
At the International Atomic Energy AgencyVienna

Experience & perspective

How one field led to the next.

Balseiro · Chicago · Harvard

Scientific formation

From physics to economics.

I trained as a physicist at Instituto Balseiro, where I studied neural networks and stochastic processes. I went on to study financial mathematics at the University of Chicago and earn a doctorate in economics at Harvard. The subjects changed; the discipline of examining assumptions and following the evidence stayed with me.

QFR · 2007–2012

Cofounder & principal portfolio manager

From research to investing.

At J.P. Morgan and Goldman Sachs, I worked in emerging markets research. I then cofounded QFR and became a principal portfolio manager, investing across currencies, fixed income and credit. The firm managed more than US$3 billion during my tenure. Building an investment firm meant making decisions with real capital, incomplete information and responsibility for the result.

BCRA · 2015–2018

Board member & Second Vice President

From markets to institutions.

From 2015 to 2018, I served on the board of Argentina’s central bank and as Second Vice President. Through its Monetary Policy Committee, I helped design the inflation targeting framework. As Argentina’s G20 Central Bank Deputy in 2018, I worked on connecting infrastructure investment with institutional capital. I have also taught asset valuation at Universidad Torcuato Di Tella and served as a Senior Fellow at Harvard Kennedy School.

Nucleoeléctrica · April 2025–February 2026

President of the Board

Technology and nuclear responsibility.

In 2024, I helped organize President Javier Milei’s Silicon Valley visit. I served as ad honorem Chief of Staff of Presidential Advisers from June 2024 to July 2025, and as board president of Nucleoeléctrica Argentina from April 2025 to February 2026. During that presidency, I signed the November 2025 memorandum with Candu Energy on cooperation in nuclear services. These responsibilities brought international technology relationships, nuclear strategy and governance into the same field of work.

Siderian · 2026

Founding stage

What I am building now.

I’m building Siderian to bring buyers, suppliers and capital together for a continuing programme of nuclear construction. The initiative is in its founding stage. Alongside it, I continue to research and write, including Minimum Viable Scale, the working paper I coauthored with President Javier Milei on survival and growth under increasing returns.

Formation

Harvard University

PhD in Economics

Doctoral research in international economics and finance; dissertation supervised by Kenneth S. Rogoff.

University of Chicago

MSc in Financial Mathematics

Graduate training in mathematical methods for finance.

Instituto Balseiro

Licenciatura in Physics

1994 thesis on neural networks, supervised by Enrique Miranda and Damián Zanette.

Playing the piano with my dog Sherlock
At the piano with Sherlock · New York

Beyond the work

A curious life.

I cook, play piano and chess, make digital art and spend time in the mountains. Here are the photographs, experiments and companions along the way.

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