San Francisco’s Galiam Capital Launches Quant Fund

Feb 13 2012 | 1:15pm ET

Galiam Capital, a San Francisco-based algorithmic fund, launched on February 1 with over $100 million in AUM.

The market neutral fund uses proprietary mathematical models to identify statistical arbitrage and market-making opportunities. It currently trades U.S. equities and looks to add European and Asian equities within the year. Douglas Abrams, partner and head of marketing, affirms that the fund is on target to raise an additional $100 million by the end of the first quarter 2012. “We are fortunate to have a diverse investor base, consisting of alternative asset managers, university endowments, family offices and high net worth individuals.”

Alan Grujic, the former CEO of the prop. trading firm Infinium Securities,is Galiam’s managing partner and chief investment officer.

Galiam targets annual returns of 25% to 30%. The fund has a $5 million minimum investment requirement and charges a 2% management fee and 20% incentive fee. It has monthly liquidity, no lock-up period and uses Credit Suisse as a prime broker.
 


In Depth

MiFID2 For U.S. Firms: Key Questions Answered

Feb 27 2017 | 4:54pm ET

The January 2018 deadline for implementation of the EU’s mammoth MiFID2 regulations...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of