CHICAGO--(BUSINESS WIRE)--Chicago-based quantitative hedge fund, Magma Capital Funds (“Magma”), announced that it has added another fund to its expanding portfolio. The new fund, Aestus, is specifically designed for the risk-averse investor and targets stable, prudent returns. Aestus is the third fund launched at Magma Capital Funds.
Magma Capital leverages a systematic strategy designed to respond to volatility by tactically allocating capital between asset classes. “We view volatility as the pulse of the market. By utilizing volatility as a paradigm, we can navigate the day-to-day currents of the market to protect and grow our investors capital.” said Magma Capital founder and CEO, Gershie Vann.
By harnessing volatility and machine learning, Aestus strives to produce stable and consistent returns for investors. Aestus’ unique approach allows the fund to navigate the currents of the market and pursue profit in all situations, regardless of the economic environment.
Amid this launch, a unique aspect of the Aestus fund has the investment community buzzing. Magma Capital has announced that this product will pursue a structure in which there is a mutualization of the downside. Vann said, “For a long time, the business model of hedge funds has been heads I win, tails you lose. We’d like to change that by sharing in both the upside and the downside of our clients gains and losses.”
About Magma Capital Funds
Magma Capital Funds is a quantitative investment manager that leverages volatility-based, multi-asset strategies. The firm was founded on the belief that investor sentiment is heavily impacted by volatility and that volatility can be used as an indicator for asset allocation in all market environments. The firm is based in Chicago, IL.
Magma manages private funds in reliance on the 506(c) exemption of the Securities Act of 1933. Under this exemption, Magma is permitted to advertise and generally solicit its private funds. Magma's funds are intended to accredited investors only and not for retail investors. While all investments carry risk of loss, private investments, including private funds, carry a greater risk due to a number of factors, including, but not limited to: the age of the company, its financial history, the industry in which it operates, the experience of management, limited or nonexistent liquidity, restrictions on resale of the investment, and many other factors.
The information provided is for informational purposes only and in no way should be considered an offer to sell or a solicitation of any offer to buy an interest in any investment. Any such offer or solicitation will be made only by means of the Private Placement Memorandum and associated governing documents relating to the particular investment. Accredited investors interested in Magma's funds should review the funds' governing documents and confer with their financial adviser, accountant, or legal counsel before investing. Magma may make changes to its business plan or terms at its discretion, and investors should read all governing documents in their entirety prior to making any investment decision.