SEQA Capital Advisors, the New York-based quantitative hedge fund shop that spun out of SAC Capital Advisors two years ago, is prepping a multi-strategy fund for launch in the first quarter.
The fund, and subsequent offerings, will be managed by Wolf Kohn, who recently joined as head of research for high-speed trading. He will work closely with the firm’s founder and portfolio manager, Andrew Van Hise, to develop trading strategies that utilize high-speed forecasting technology.
“What we have is a technology called Hybrid Systems, and we’re using this technology to investigate and develop algorithmic-based high-speed trading in equities and other assets,” said Kohn.
The fund will take on a segregated portfolio company approach.
“It’ll look like a multi-strategy fund where people can select the different portfolios within that fund,” CFO Louise Curbishley said. “For example, if we have an equity neutral strategy and a currency strategy, as an investor you’ll come into the one fund but you’ll also be able to allocate between the strategies.”
She added that the fund is limited to the firm’s existing investors and a small number of large investors with whom SEQA is currently in discussions.