Thu, Jun 24, 2021
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Catana Capital to go live with 'revolutionary' AI / Big Data fund

Wednesday, June 22, 2016

Precy Dumlao, Opalesque Asia:

Frankfurt, Germany based Catana Capital has announced that its new 'Catana Big data' will go live on 30 June 2016 as a Germany-domiciled public alternative fund (AIF).

Catana Capital said has received the BaFin license according to Sec. 32 of the German Banking Act (KWG) for financial portfolio management. "This is a major milestone and allows us to finally launch our revolutionary Big Data and A.I. fund," Catana said in a statement.

Interim trading update: Up 12.5% YTD

The Trading Strategy is currently run with prop money and up +1.4% for MTD June. The 2016 performance increased to +12.5% YTD. In an extremely volatily month, the benchmark DAX index performed with -2.4% in June so far with a year-to-date performance of -6.8%. As the world awaits the referendum in UK, the Catana system went fully into cash yesterday until two days after the vote.

Catana is led by Holger Knauer who acts as CEO and CRO of Catana Capital GmbH. Prior to that Holger Knauer was a board member responsible for risk management and operations of EUR 1.8bn Celios Investment-AG TGV and its predecessor Prisma Investment AG TGV since 2011. Before that, he was with Universal Investment for more than a decade as a deputy head of the department for institutional sales and relationship management. Holger started his professional career as an Executive Assistant to the Board of Universal after taking his trader examination.

br> Related a......................

To view our full article Click here

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. PE/VC: How Tiger Global earned its stripes as the world's biggest unicorn hunter, The opportunity in private real assets[more]

    How Tiger Global earned its stripes as the world's biggest unicorn hunter From Crunch Base: Tiger Global Management, already one of the most voracious startup investors in recent years, is roaring into 2021 more aggressively than ever. The 20-year-old New York-based investing firm

  2. New Launches: Reverence Capital seeks $1.7bn for new buyout fund, $1.2tn US giant Nuveen launches core impact bond fund into Ucits market, Marlin Equity Partners closes $810m for second Europe fund, Credit Suisse raises $318m climate fund, BNP Paribas AM launches ecosystem restoration fund, Architect Capital raises $100m for asset-based financing[more]

    Reverence Capital seeks $1.7bn for new buyout fund From PE Insights: Reverence Capital Partners is seeking $1.7 billion for its third private-equity fund, re-entering the market less than two years after a predecessor buyout vehicle exceeded its target by 60%, according to people famil

  3. Man Group-Oxford quants say their AI can predict stock moves[more]

    From Bloomberg: Man Group Plc-backed researchers at the University of Oxford say they've created a machine-learning program that can project how share prices move -- notching an 80% success rate for the equivalent of about 30 seconds of live trading. Artificial-intelligence experts at the Oxford

  4. Tiger crowd suffers losses in May, with some funds now in the red, Tiger Global and Third Point are gearing up for a unicorn IPO[more]

    Tiger crowd suffers losses in May, with some funds now in the red From Institutional Investor: May was a rough month for many of the Tiger crowd. Several Tiger Cubs, Seeds and Grandcubs are down by double digits this year. A number of Tiger Cubs, Seeds and Grandcubs posted losses t

  5. New Launches: Madison Dearborn strikes $5bn to close its second-biggest fund to date, Pollen Street Capital IV raises $790m, close to surpass target, Mountaingate Capital Closes Second Fund at $476m, Vontobel launches impact fund for Federated Hermes hire, First Japanese ESG-focused investment fund launched, Greystar raises $882m for pan-European residential fund, Vitality launches ESG fund range[more]

    Madison Dearborn strikes $5bn to close its second-biggest fund to date From Alt Assets: US private equity major Madison Dearborn has struck a $5bn final close for Fund VIII to seal the second-biggest raise in its history. The firm's website confirms the vehicle is currently being u