Mon, Nov 20, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers October 2013

Fund Profiles: The Frey Multi-Strategy Fund and the Gondor Partners Fund

Ex-Renaissance manager's fund of hedge funds uses proprietary factor model to identify alpha

Benedicte Gravrand, Opalesque Geneva:

Pacome Breton

Dr Robert Frey, who has been called a maths whizz, has a PhD in applied mathematics from Stony Brook University. One of his hedge fund-related attainments is his time at Jim Simons' Renaissance Technologies, a large and famous quantitative hedge fund firm - after having run his own hedge fund shop for a while. At Renaissance, he was a Managing Director between 1992 and 2004 and developed the high-frequency Nova fund, which was later merged into Renaissance's Medallion hedge fund. Renaissance' models had to meet four principles, Dr Frey told The FT in 2010: simplicity, commonality, stability and rationality.

In 2008, Frey and his wife Kathryn B. Frey established the "Frey Family Endowed Chair in Quantitative Finance" in the Department of Applied Mathematics and Statistics at Stony Brook University (where he serves as a Research Professor) with a gift of $1.5m from the Frey Family Foundation, according to HedgeTracker.

FQS (Frey Quantitative Strategies) Capital Partners grew out of the family office to become a fund management house with offices in New York and London at the end of 2009. Out of this venture was created the Frey Multi-Strategy Fund in early 2010.

It is a global fund of hedge funds with the Frey signature; a proprietary quantitative investment technique for strategic asset allocation and manager selection. It manages around $110m in AuM. The Cayman version (there is also a Delaware version) of the fund currently features in Opalesque's Emerging Managers database.

To assess hedge funds......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Middle East - Saudi-Iran war would create this domino effect of global disaster, Saudi billionaires said to move funds from region to escape asset freeze[more]

    Saudi-Iran war would create this domino effect of global disaster From CNBC.com: Events appear to be spinning out of control in the Middle East, and the threat a Saudi-Iranian war is looking increasingly credible. Make no mistake, an out and out conflict between the two nations would be

  2. Launches - Eaton Vance, Oaktree to launch diversified credit NextShares fund, FIM launches Nordic AI-powered fund[more]

    Eaton Vance, Oaktree to launch diversified credit NextShares fund Eaton Vance Management, a subsidiary of Eaton Vance Corp., announced the expected mid-November launch of Eaton Vance Oaktree Diversified Credit NextShares, a new Eaton Vance-sponsored exchange-traded managed fund. Eaton Va

  3. Outlook - Gundlach's stock market warning comes true[more]

    From Bloomberg.com: Jeffrey Gundlach has been warning something's got to give. Based on the past two days, looks like we have our answer. Stocks fell around the world a second day and high-yield bonds headed for a fourth straight loss, resuming a historic correlation that the hedge fund manager on W

  4. Investing - Six more Warren Buffett buys, including Southwest Airlines, Seth Klarman's Baupost Group bets on beaten-up health care, Roark Capital offers to buy Buffalo Wild Wings: Wall Street Journal[more]

    Six more Warren Buffett buys, including Southwest Airlines From Forbes.com: Our latest recommendation for aggressive investors is Restaurant Brands International . Hedge fund manager Bill Ackman has an incredible 40.1% of his fund at Pershing Square Capital Management invested in Restaur

  5. Investing - Tages Capital steps in to rescue Italy's Banca Carige, Hedge funds place $5.4bn bet on Toshiba's resurrection, Why outside investors are fleeing: John Paulson's 6 worst investments[more]

    Tages Capital steps in to rescue Italy's Banca Carige From TheTimes.co.uk: A little known London hedge fund has played a pivotal role in the first rescue of an Italian bank without state intervention since the country's bad debt crisis started three years ago. Banca Carige, a Genovese le