Trium Capital has launched the Trium Multi-Strategy Hedge Fund, which has been seeded by Trium Capital, and will be run by a team headed by James Jarvis, who joined the firm from PAAMCO’s Portfolio Management team.
The team has been built from the ground up to give investors a diversified portfolio constructed across both liquid discretionary and quantitative strategies. It initially consists of four lowly correlated books run by experienced investment specialists. The discretionary portion includes a fundamental long/short equity strategy and a special situations/opportunistic equity-biased book, whilst on the quantitative side there is a systematic macro and a statistical arbitrage strategy.
The Trium Multi-Strategy Fund, by applying fees to the overall Fund performance rather than to individual underlying books, provides an effective solution to the problem of performance fee netting thus closely aligning the interests of manager and investor.
James Jarvis, Head of Trium Multi-Strategy, says: “Starting with a blank sheet of paper has allowed us to implement an investor-friendly approach to multi-strategy. By leveraging the wider Trium group infrastructure we have been able put together a highly experienced and complimentary team with independent risk oversight.”
Gareth James, CEO of Trium Capital, says: “Trium Multi-Strategy offers something relatively rare by providing exposure to a diverse range of hedge fund strategies, but with a single performance fee that delivers real netting benefits. We have built the fund from the ground up to meet specific risk objectives.”
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