Sunofia Capital Management, LLC, a global asset management firm specializing in systematic strategies, today announced plans to launch a market neutral strategy.
The strategy will initially invest in European and Japanese liquid equities and will subsequently add liquid North American and global stocks. The strategy will be managed by Dr. Moustapha Awada who has over 17 years of trading, portfolio and risk management experience. Dr. Awada has an investment record dating back to 2005 when he was Managing Director and Global Head of the Multi-Asset Systematic Trading Group at Dresdner Bank. Sunofia’s quantitative models have been developed by Dr. Awada over many years and market cycles, supported by his lengthy track record.
Dr. Awada began his career in academia as a theoretical physicist. After receiving his Ph.D. from Imperial College, London, Dr. Awada completed three post-doctoral fellowships, including one from Cambridge University where he was supervised by Dr. Stephen Hawking. In 1993, Dr. Awada moved from academia to quantitative trading, joining Morgan Stanley. Dr. Awada later held senior positions at BNP Paribas and Chase Manhattan Bank before running the Multi-Asset Systematic Trading Group at Dresdner Bank, where he further developed the IP that is at the heart of his current strategy.
“We are very excited to work with Dr. Awada whom I have known for many years,”said Pulse Managing Partner Ibrahim Gharghour. “We believe Sunofia’s approach to investing is highly differentiated by its alpha generating ability and robust risk management processes.” Pulse Capital Partners, LLC (“Pulse”) partners with next generation hedge fund managers to institutionalize and accelerate their growth and will be working very closely with Sunofia to grow and support their investor base.
The core strategy at Sunofia is built on a statistical arbitrage framework, trading high frequency signals via mean reversion and momentum-driven strategies. The investment process aims to provide investors with high risk-adjusted returns with low volatility product offering, driven by sophisticated models that regularly adapt to changing market conditions.
“We have developed and enhanced Sunofia’s models over the last 15 years. What distinguishes Sunofia from our peers in the market are our proprietary algorithms, which have proven time and time again the consistency of our performance not only in normal but also in distressed market conditions,” said Dr. Awada. “We believe that our strategy offers investors a differentiated source of alpha generation.”
About Sunofia Capital Management, LLC
Sunofia Capital Management, LLC (“Sunofia”) is aglobal asset management company offering its clients performance-oriented investment products and managed account services. Sunofia is dedicated to achieving consistent, superior investment returns through systematic investment strategies over multiple asset classes. Sunofia is also focused on providing investors with transparency, liquidity, and risk management.
About Pulse Capital Partners, LLC
Pulse Capital Partners LLC (“Pulse”) is among the first companies to provide acceleration/seed capital to next generation managers and customize portfolios for institutional investors, both anchored on transparency through managed account structures. Over the past 15 years, Pulse’s experienced global investment team has invested more than $25 billion in hedge funds on behalf of clients, much of which has been in the form of customized mandates and has involved identifying next generation managers. Based in New York, Pulse’s investment team has significant experience investing in quantitative and systematic strategies. The global marketing team has raised more than $15 billion of hedge fund assets from institutional investors. www.pulsecp.com
