Thursday, 26 November 2015
Last updated 7 hours ago
Dec 7 2007 | 10:34am ET
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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…