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published2024 – 2025

TPE-AS

Adaptive Bayesian optimization for expensive, noisy portfolio-model tuning.

  • Bayesian optimization
  • Portfolio models
  • Black-box search

Problem

Private portfolio models expose mixed, expensive, noisy objectives with limited evaluation budgets and no gradient access.

Approach

Add a budget-dependent mean-variance objective and clipped importance correction to good/bad Parzen-density search.

Role

Lead researcher and implementation author

TPE-AS was designed around a controlled evaluator that isolates private models, data, and backtesting infrastructure. The public artifact focuses on reusable optimizer mechanics and synthetic black-box benchmarks.