New Multi-Manager Firm Gets Backing
Posted by Colin Lambert. Last updated: October 29, 2021
AFBI, a US-based multi-manager formed in May 2021 by former Tudor and Millennium portfolio manager, Pierre-Yves Guillo, has announced investment and strategic commitment from New York-based New Holland Capital.
The firm says New Holland Capital is providing “significant” trading and working capital to AFBI, which commenced trading operations in September.
AFBI deploys a set of systematic alphas, including real time mining of alternative data sets obtained from regional macro markets worldwide, monetising short-horizon low latency FX dynamics, leveraging entropic regimes of equity markets, taking long/short equity positions based on digital customer traffic, and systematically trading the Chinese commodity futures markets. It says it operates state of the art platforms for technology, risk, and data acquisition that enables it to onboard new uncorrelated products with minimal managerial and economic overhead.
The firm also
“New Holland Capital provided us with a sizeable investment and a meaningful operating budget which allowed us to ramp up quickly with respect to technology, data, and PMs, says Guillo. “We also continue to actively benefit from NHC’s product structuring expertise and entrepreneurial guidance in the alternative investment industry. There is strong demand for high-capacity quantitative macro alpha, and we believe we are competitively placed to deliver it.”
Scott Radke, CEO of New Holland Capital, adds, “AFBI has a highly skilled and experienced management team with an impressive track record of investing across different market cycles, which creates an attractive opportunity to provide our institutional clients with portfolio diversity and high-quality risk-adjusted alpha. We have strong conviction in Pierre-Yves and his team and look forward to our partnership.”