The market neutral fund selects securities based on quantitative analysis by using mathematical models to identify statistical arbitrage and market-making opportunities, said the firm.
Galiam Capital partner and head of marketing Douglas Abrams said the firm is pleased to have a diverse investor base, consisting of alternative asset managers, university endowments, family offices and high net worth individuals.
The investment firm, which has plans to get returns of 25% to 30% annually also has monthly liquidity, no lock-up period and uses Credit Suisse as a prime broker. The Fund requires minimum $5m investment and charges of 2% management fee and 20% incentive fee.
With an aim to provide stable growth, which remains free from market direction and economic conditions, the firm will utilize its technical models to create a portfolio of global, well diversified, multi asset class investments.
