Kettera Strategies has added three new managers to its Hydra marketplace – ADG Capital, AE Capital and Deep Field Capital.
Hydra provides investors with manager access, notional funding, daily transparency and twice monthly liquidity to established and emerging alternative asset managers.
“Allocators, investors and managers are finding real value by coming together on Hydra,” says Jon Stein, CEO of Hydra’s operator, Chicago-based Kettera Strategies. “One thing that distinguishes us in addition to managers that are strong veterans, is that we focus globally on strategies that are unique and diversifying. The addition of ADG, AE and Deep Field to Hydra underscores this strength.”
“Managers are turning to Hydra for many reasons, including to connect with clients outside their home base – in this case an Australian and two European managers,” says Terri Engelman Rhoads, Kettera’s president. “For investors, allocating to managers on Hydra means accessibility, efficient investing, daily transparency, increased liquidity, and the ability to customise manager exposure in one place.”
ADG Capital Management is a London-based institutional asset management firm formed in 2009. It is a subsidiary of ADG Holdings, a privately held partnership established in 2006 as a proprietary trading house specialising in listed options. ADG has more than USD300 million under management.
AE Capital was founded in September 2011 by Lyle Pakula and Jess Morecroft in Melbourne, Australia. AE Capital trades a fully systematic global macro portfolio that combines top-down fundamental market analysis with a quantitative approach. The strategy attempts to identify the most effective market themes and adapt as new themes form, evolve and eventually decay. AE has more than USD250 million under management.
Deep Field Capital operates in Zurich and Zug, Switzerland. It was founded by Bastian Bolesta and Daniel Bunsen. The Singularity programme began trading with proprietary money in July 2010 and was offered externally to investors beginning in September 2011. Currently, the strategy has approximately USD75 million under management.