Laxman Pai, Opalesque Asia: The Investment team at Breacher Capital Management announced that the firm joined Teza Technologies, a leading global quantitative investment firm.
According to a communication received by Opalesque, Breacher Capital founder Art Holly said, "We look forward to leveraging Teza's world-class research team and institutional quality infrastructure to augment our investment and operational processes, enhancing the value we deliver to investors."
"We chose to continue building our strategies at Teza as a result of their institutional quality platform, our shared core values (transparency/accountability, intellectual rigor), and complementary quantitatively-driven investment strategies. Both Teza and Breacher's Investment team have extensive experience partnering with pensions, foundations, family offices, and wealth advisers, making the combination an excellent fit."
Breacher Capital Management will redeem its current LPs and cease operations.
"We wholeheartedly thank our clients for their support over the years and look forward to continuing our relationships at Teza," Art added. "In Q2, we will roll out the new Teza Hedged Equity Fund, previously the Breacher Enhanced Fund, in both SMAs and an LP structure along with customized SMA solutions for institutional clients."
Founded in February 2020, Breacher Capital Management is a Connecticut-based hedge fund manager. Teza Technologies is a quantitative asset management firm founde...................... To view our full article Click here
|