SAC Spinout Readies Multi-Strategy Hedge Fund

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.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...