AFBI, a new quantitative multi-manager platform led by former Tudor and Millennium portfolio manager Pierre-Yves Guillo, has secured an anchor investment from alternative investment seeder New Holland Capital.
Established in May this year, AFBI looks to generate uncorrelated returns across a diverse set of liquid quant strategies, using alternative data, proprietary portfolio construction and robust risk management techniques.
Specifically, the Florida-based firm’s strategies include long/short equity investing around digital customer traffic, systematic investments in Chinese commodities futures, real-time mining of alternative datasets in regional macro markets globally, and short-horizon low-latency FX trading.
“New Holland Capital provided us with a sizeable investment and a meaningful operating budget which allowed us to ramp up quickly with respect to technology, data and PMs,” Guillo said of the investment and strategic commitment, which sees the New York-based firm provide significant trading and working capital to AFBI.
Guillo added his firm – which started trading operations in September – will benefit from New Holland’s product structuring expertise and entrepreneurial guidance in the alternative investment industry.
“There is strong demand for high-capacity quantitative macro alpha, and we believe we are competitively placed to deliver it.”
New Holland Capital looks to generate alpha across a diverse profile of managers, typically seeking out seeding and co-investment opportunities among smaller and earlier-stage managers, as well as catalyst-driven opportunities with more established firms.
Established in 2003, it was initially an exclusive, non-discretionary advisor to Dutch pensions for alternative investment allocations. In 2020, it expanded to a multi-client model and now manages more than USD20 billion in absolute return strategies for institutional clients.
“AFBI has a highly-skilled and experienced management team with an impressive track record of investing across different market cycles, which creates an attractive opportunity to provide our institutional clients with portfolio diversity and high-quality risk-adjusted alpha,” New Holland Capital CEO Scott Radke said of the partnership.
