Sun, Jun 16, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Sterling Partners Quantitative Investments launches equity market neutral strategy

Thursday, January 10, 2019
Opalesque Industry Update - Sterling Partners Quantitative Investments, an investment manager specializing in a variety of quantitative alternative investment strategies, announced today the launch of its Equity Market Neutral Strategy. SPQI is an affiliate of Sterling Partners, a diversified investment management firm based in Chicago.

The Equity Market Neutral Strategy employs a diversified, market neutral, long-short equity strategy and uses systematic, quantitative methods to extract edge that is rooted in companies' financial fundamentals. The strategy is based on its founders' experience developing statistical trading and investing strategies.

The strategy is led by Chief Investment Officer Chris Dardanes, Chief Operating Officer Michael Schmitt, and Director of Research Alexander Pasman, who have previously managed various investment strategies at leading firms including UBS O'Connor, Van Buren Advisors and Citadel. Desmond Werthman oversees all strategies as President of SPQI.

Founded in 1983, Sterling Partners is backing SPQI with a substantial multi-year commitment of working capital to launch its strategies. Sterling has also contributed senior leadership in finance, legal and compliance, and human resources.

SPQI launched earlier this year as Sterling Partners shifted from its blind-pool, non-industry specific middle-market fund business into a multi-asset investment strategy platform. SPQI additionally manages a derivatives trading strategy.

"With decades of experience and a strong working relationship between them, we are thrilled with the launch of this partnership with Mike, Chris, and Alex," said Werthman.

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Study shows alignment between seeders and hedge fund managers is improving[more]

    B. G., Opalesque Geneva for New Managers: US law firm Seward & Kissel has just published its Seed Transaction

  2. Trends: Hedge funds increasingly ditching 2 and 20[more]

    Chronic lackluster performance is gradually pushing hedge funds away from the traditional "2 and 20" fee structure to other methods. This trend is emerging as hedge fund fees get squeezed across the board. Average management fees declined to a record low of 1.43% in the first quarter of 2018. N

  3. News Briefs: Selling a stake in a PE management company is fine, say LPs, depending on the GP's motivation, Investment companies need to reimagine for whom and how they create sustainable value, Does your portfolio need a quant fund?, Meet the power players at the SoftBank Vision Fund, 'Talking his own book': Hedge fund manager pans Eisman's short call[more]

    Selling a stake in a PE management company is fine, say LPs, depending on the GP's motivation Opalesque Industry Update - Two thirds of investors will support a GP decision to sell a stake in its management company if it is to facilitate generational change at the business or to strengt

  4. Investing: Hedge funds are very bullish on Lyft, Hedge fund manager Stanley Druckenmiller sells almost all stocks, Short-seller pain that began Monday just switched to a bloodbath, Josh Friedman, the hedge fund titan, is spending $1bn to short the commercial real estate market[more]

    Hedge funds are very bullish on Lyft From Yahoo: Billionaire hedge fund managers such as David Abrams, Steve Cohen and Stan Druckenmiller can generate millions or even billions of dollars every year by pinning down high-potential small-cap stocks and pouring cash into these candidates.

  5. PE/VC: Private equity raking over US-China trade war debris for bargains, Your next check could be cut from one of these atypical VC firms[more]

    Private equity raking over US-China trade war debris for bargains From Finance Asia: Disruption caused by the fractious relationship between the world's two biggest economies spells opportunity for the nimblest investors. Funds are looking to potentially bridge gaps in broken supply chain