Sun, Mar 1, 2015
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. Investing - Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched, Myriad hedge fund sold bulk of its Alibaba stake last year[more]

    Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched From Valuewalk.com: As hedge fund manager Seth Klarman, leader of the $28 billion Baupost Group, reviews 2014 performance and considers investors gained near 7 percent on the year, he cons

  2. Adamas Asset Management and Ping An Insurance to co-manage $500m debt fund[more]

    Komfie Manalo, Opalesque Asia: Hong Kong-based Adamas Asset Management and Ping An Insurance Group, one of China’s largest financial institutions, have finalized a memorandum of und

  3. Opalesque Exclusive: dbSelect’s top ten FX strategies average almost 10% in January[more]

    Benedicte Gravrand, Opalesque Geneva: In one of Deutsche Asset & Wealth Management (AWM)’s hedge fund platforms, called dbSelect, a number of FX Strategies did very well in January. dbSelect is a managed investment platform for unf

  4. Opalesque Exclusive: SEC’s Mark J. Flannery warns hedge funds against valuation misconduct[more]

    Komfie Manalo, Opalesque Asia: Securities and Exchange Commission chief economist and director of Division of Economic and Risk Analysis (DERA) Mark J. Flannery has warned of the risks posed by market misconduct, particularly in the true valuation of assets by hedge fund managers. In his

  5. Dymon Asia's $3bn macro hedge fund lost 10.45% in January[more]

    From Reuters.com: Dymon Asia's $3.1 billion macro hedge fund lost 10.45 percent in January, performance data seen by Reuters showed, a month where many peers lost heavily after a surprise rise in the Swiss franc. Singapore-based Dymon, set up by Danny Yong, a former founding partner and chie