The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Jan. 28, 2025
Filed:
Mar. 07, 2022
Applicant:
Blackrock, Inc., New York, NY (US);
Inventors:
Nicholas Moehle, Palo Alto, CA (US);
Jack Gindi, New York, NY (US);
Stephen Boyd, Palo Alto, CA (US);
Mykel J. Kochenderfer, Palo Alto, CA (US);
Assignee:
BlackRock Finance, Inc., New York, NY (US);
Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 30/0202 (2023.01); G06Q 10/04 (2023.01); G06Q 40/04 (2012.01); G06Q 40/06 (2012.01);
U.S. Cl.
CPC ...
G06Q 30/0202 (2013.01); G06Q 10/04 (2013.01); G06Q 40/04 (2013.01); G06Q 40/06 (2013.01);
Abstract
Embodiments described herein provide a mechanism to solve the portfolio construction problem with nonconvex penalties and constraints that are separate across assets. This problem may be viewed as a special case of the separable-affine problem, i.e., the problem of minimizing a separable objective function with affine equality constraints.