Research Director | Zeng Duo
A graduate of Wuhan University with a degree in Electrical Engineering Automation, this individual has extensive experience in the design and implementation of large-scale power grids and transmission and transformation systems in the energy engineering field. They have led numerous large-scale infrastructure projects and hold qualifications as a Registered Electrical Engineer and a First-Class Registered Construction Engineer. They possess firsthand engineering experience in power system physical constraints, grid connection reliability, and infrastructure construction cycles. After immigrating to Canada, they completed an EMBA program at the University of Toronto, focusing on energy, technology infrastructure, and capital cycles. They have rich practical experience in cross-border asset research, developing an independent analytical framework based on physical constraints and cyclical pricing. Their expertise lies in capital cycles, volatility risk, and long-term changes in energy computing infrastructure.
JDV Securities Intelligent Analysis System
Leveraging our self-developed multi-factor quantitative model and AI-powered real-time stock selection capabilities, we screen high-quality North American securities with a fully traceable and backtested analytical process. The system automatically optimizes portfolio weights, analyzes risk exposure, and generates professional research reports, supporting cross-cycle, actionable investment decisions. Real-time market monitoring and fund flow analysis provide a clear overview of market changes.
About Us
JDV Capital, headquartered in Montreal, Canada, is a privately held platform focused on long-term structural research in energy and computing infrastructure. We study the structural changes in energy networks and computing infrastructure across different cycles, focusing on the deep relationships between electricity constraints, computing supply, and capital pricing.
Research Focus
We don't chase short-term market noise; we only study "how constraints determine value."
Capital Cycle
How Market Risk is Mispriced
Volatility and Risk
How Market Sentiment Affects Asset Pricing
Infrastructure Constraints
How Energy and Computing Power Affect Long-Term Capital Returns
Research Topics
Electricity Dependence on AI Computing Infrastructure
Evolution of the Global Infrastructure Capital Cycle
Cross-border Capital Allocation Framework and Structural Analysis
Energy Transition Economics and Grid Reliability
We focus on slow-moving variables affecting asset pricing, rather than short-term market noise. We believe long-term capital returns come from three sources:
Cyclical Mismatch
Risk Premium
Structural Constraints
