Independent by design.
Black Camel was founded in 2014 around a simple conviction: consequential decisions deserve research whose logic can be examined.
Twelve years of asking better questions.
We believe the quality of an answer depends on the discipline of the question.
Since 2014, Black Camel has worked across financial services and the social sector, helping clients make sense of markets, people, and change. Our work brings scientific methods to practical decisions—without confusing complexity for insight.
From our New York and Dubai offices, we work with investors, banks, financial firms, nonprofits, and foundations. Those clients face different pressures, but the underlying need is familiar: a clear, defensible view of what is happening and what to do next.
We stay intentionally close to the research. Small senior teams connect the people framing the problem with the people testing the evidence and communicating the result.
Make important decisions more informed.
Our role is not to manufacture certainty. It is to make the evidence, the alternatives, and the remaining uncertainty clear enough to act.
Mohamed Hashi.
Chemical engineer and researcher. Founded Black Camel to bring scientific rigor to the decisions of funds, banks and nonprofits.
The people behind the analysis.
Economists, mathematicians, statisticians, and data scientists working across funds, banks and nonprofits.
Joseph A.
Head of Systems & Quantitative Research
Joseph leads the firm's quantitative research and modeling infrastructure — designing the statistical and machine-learning systems behind forecasts, segmentation and pricing work. He sets modeling standards and reviews methods for rigor and reproducibility. His work bridges mathematical research with large-scale data systems.
Ivanka S.
Digital Marketing Economist
Ivanka applies economic and behavioral analysis to marketing, pricing and demand. She measures what campaigns actually cause — incrementality, attribution, price elasticity. She helps clients translate customer and donor behavior into budget and channel decisions.
Richard T.
Principal, Capital Markets
Richard leads research for asset managers, banks and institutional investors. He brings deep experience in how capital markets and institutional portfolios work. He shapes research questions around flows, product demand and investor behavior, and ensures findings are framed for investment committees.
Omar N.
Principal, Investments & Strategy
Omar leads private-equity-facing work — commercial due diligence, market scans and value-creation research. He structures engagements around the investment thesis. He turns research into decision-ready recommendations for deal teams.
James W.
Principal, Private Equity
James supports due diligence and portfolio research for private equity clients. He builds market sizing and competitive analyses. He works alongside deal teams from pre-deal screening to post-acquisition planning.
Daniel K.
Head of Technology & Data Engineering
Daniel owns the firm's data platform — pipelines, secure data handling, and the tooling that lets researchers work with large and alternative datasets. He focuses on reliability, security and speed from raw data to analysis.
Marcus L.
Head of Marketing & Growth Research
Marcus leads research on audiences, brand and campaigns. He designs brand tracking and customer and donor studies. He connects research findings to practical growth and communications plans for clients.