Eric Bai is the Founder & CEO of Alpharithm Investments and the creator of AI Work, two ventures at the intersection of finance and artificial intelligence. With over two decades as a senior investment banker, he has held leadership roles at Goldman Sachs, HSBC, Credit Suisse, Rothschild, and BNP Paribas across London, Paris, and Hong Kong.
Career Background
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Appointed Managing Director at Goldman Sachs (Class of 2013), serving as Greater China Head of Financial Institutions.
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Later became Global Head of Financial Institutions at HSBC, advising global and Chinese financial institutions on mergers and acquisitions (M&A) and capital markets.
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Advised and funded fintech unicorns through IPOs and capital raising, fueling his passion for technology’s transformative role in finance.
Transactions
In his illustrious investment banking career, Eric Bai executed numerous landmark capital markets and M&A transactions across Asia and Europe. His track record spans IPOs, placements, rights issues, debt issuances, acquisitions, and strategic investments for some of the world’s most prominent financial institutions and corporates.
Initial Public Offerings (IPOs)
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Lufax
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OneConnect
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Ping An Good Doctor
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CPIC H-share
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PICC Group H-share
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Galaxy Securities H-share
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Huatai Securities
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CICC
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Orient Securities
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GTJA Securities H-share
Placements & Rights Issues
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Ping An OneConnect (pre-IPO)
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Ping An HealthKonnect (pre-IPO)
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Lufax B-round and C-round
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Ping An Good Doctor A-round
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BOC rights issue
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ICBC H-share block trade
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China Merchants Bank rights issue
Debt & Preference Shares
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BOC offshore/onshore preference shares
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China Life subordinated debt
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CDB Leasing bond issuances
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First Basel III-compliant capital issuance in China (Binhai Bank)
Acquisitions
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Lufax acquisition of Puhui Finance
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Telstra’s sale of Autohome stake to Ping An
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Ping An Group’s acquisition of Shenzhen Development Bank
Strategic Investments
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Barclays acquisition of ABSA Bank
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Erste Bank acquisition of Romanian Commercial Bank
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KKR acquisition of Morgan Stanley’s stake in CICC
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AMP investment in China Life Pension
Education & Credentials
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MBA from ESSEC Business School (France).
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CFA Charterholder.
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Fluent in English, French, and Mandarin.
Alpharithm Investments
Founded in March 2024, Alpharithm focuses on AI-powered investment and trading models designed to deliver sustainable alpha and risk-adjusted performance. Under Eric’s leadership, Alpharithm has grown into a broader AI powerhouse, expanding into enterprise AI solutions for recruitment, customer service, and accounting.
AI Work
Created by Eric Bai, AI Work applies Wall Street discipline to AI innovation, building AI teammates for end-to-end workflows rather than one-off tasks.
Core Principles
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Big Picture Thinking: End-to-end automation.
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Methodical Precision: Structured, detail-obsessed design.
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Flawless Execution: Consistent, high-quality results.
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Trust & Commitment: Long-term vision and integrity.
AI Work Models
Eric Bai oversees the development of a growing suite of AI teammates, each specialized for different workflows:
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Hermes AI – Communication, strategy, and client engagement.
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Olympus AI – Strategic analysis and decision support.
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Orion AI – Data research and technical execution.
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Luca AI – Financial modeling and quantitative analysis.
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Yumi AI – Operations and customer support.
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Freddie AI – Accounting, reporting, and reconciliation.
In Summary
Eric Bai is a finance veteran turned AI innovator, leading Alpharithm Investments and AI Work. His blend of banking expertise, institutional networks, and passion for technology positions him at the forefront of applying AI to both investing and enterprise workflows. Through AI Work’s models—Hermes, Olympus, Orion, Luca AI, Yumi AI, and Freddie AI—he is pioneering a future where businesses scale with AI work models built for precision, trust, and performance.
