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Bailey McCann, Opalesque New York:
Founded in 2004, V2 Capital relies on the expertise of Victor Viner who has over 25 years in the investments industry – buy-side and sell-side. Co-manager of the V2 Hedged Equity Fund, Victor has 25+ years of capital markets and trading experience including senior positions at UBS and Credit Suisse Group. Prior to founding V2 Capital, he co-founded and was President and CIO of Volaris Advisors, a multi-billion dollar AUM option strategy firm acquired by Credit Suisse Group in 2003.
After the financial crisis in 2008 and specifically the collapse of Lehman and Bear Stearns, V2’s clients along with many other investors became very concerned with single counterparty risk from trading over the counter options. V2’s advisory business primary traded OTC options that were used to enhance the underlying position’s yield, analogous to creating a synthetic dividend.
After the financial crisis, one of V2’s clients was Ken Langone, co-founder of Home Depot. After discussions with Ken and other clients, it became apparent that there was a real demand for a product that combines a portfolio of long high quality dividend paying equities combined with a short options overlay using customized index options. The equity selection is based on rigorous bottoms up analysis, diversifying exposure across each of the sectors in the S&P 500. The short call options are selected based on the current volatility environment and used to manage net expos...................... To view our full article Click here
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