Karan Sood

Karan Sood is the CEO and Managing Director of Cboe Vest, an asset management firm based in McLean, Virginia. Prior to co-founding Vest Financial in 2012, he worked in product development at ProShares and served as a Vice President and equity derivatives structurer at Barclays Capital. He holds a master's degree in financial engineering from Cornell University and a bachelor's degree from the Indian Institute of Technology Roorkee. With over fifteen years of experience in derivative-based strategy design, he pioneered Target Outcome investments by filing a related patent in 2012 and launching the first buffer mutual fund in 2016. Under his leadership, Cboe Vest expanded its suite of options-based exchange-traded funds and surpassed $20 billion in assets under management in 2023. His current focus remains on developing options-based downside protection strategies for institutional investors.