capula tail risk fund
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The $3.7 billion Tail Risk Fund from Capula Investment Management, another London-based hedge fund giant with over $10 billion in total assets under 0 The Edgefolio Platform Sign up today for free to access accurate and By using this site, you are agreeing to security monitoring and auditing. endstream endobj 4 0 obj <>]/Height 3300/Type/XObject/Decode[0 1]>>stream That's a big change from seismic events such as the 2001 dot-com bubble and the 2008 financial crisis, during which the S&P 500 Index (SPX) and the Dow Jones Industrial Average (DJIA) plungedandblackswan funds reaped rich profits. **** *** **** **** ***** ************* ********* **** ******* ****** ****** ******* ********* **** ****** ************** 949gSodu7C^\Z)q!,}Km [e?U;iEv.2wa_NL^VqhwxBnSa'Md7|_&xqLD>:VUEyy>i_;y }`v{9!e(M t-xW\wpy49kN~fh\\r.vv!N;N8vY`|h$NCP(CLIvn6{8erVDeIp5T4a4o[% 1001 and 1030). or to simply have an email sent to you whenever we receive a new The October effect is a theory that stocks tend to decline during the month of October. 0000000496 00000 n 4a""!":\CDDhDDDD}(]/K]*uU\G*Z~w!5a^B%%~sk~?.9s `4wf/ rJce%4As>+vg Copyright 2023 Affiliated Managers Group, Inc. All rights reserved. m U?Zkb8kTxh-yN3[\}vEC!Q1 [iZ)zZ+6B`gO'%wl5EeaxKg$Y0@wYfq["e3omI*mN&!`:C`G}VTmkY!%QhSd "\ ~o& a~%'RG)}";I"x*a &.@Y )$xEs\[R]G9i}Whj:lzOz&}4we 6. This SEC practice is designed to limit excessive automated searches on SEC.gov and is not intended or expected to impact individuals browsing the SEC.gov website. Your browser is not currently supported. ]H&uX{__G9"5/^o_$3^/a/}?^/.~t@_wK~IvDw],o6_>wM{d}.KKlMz{tu#]~i}UO}"?_\i}v60a}jTYf S Buying the dips is a phrase that refers to purchasing an asset following a decline in price. 95 0 obj <>stream Management owns just 1 percent of the fund. u?:HfB>w&qD0H '7kAV:8@4K8yK( dk}.Hv\DpH:M#I\*+'_8>>f+}S].M90oG{ WmIom/yy.jzKaaMjM_6*+Q We reserve the right to block IP addresses that submit excessive requests. It targets superior returns in times of liquidity and systemic crises while minimising Terms and Conditions. WebCapula Japan Equity Tail Risk Master Fund Limited is a hedge fund operated by Capula Investment Management Llp and has approximately $157.3 million in assets. Principal Place of Business and Contact Information 3. The finance committee of the 0000004895 00000 n xref email address below and choose 'Submit'. WebThe Capula Tail Risk Fund invests in a range of instruments primarily in G7 markets. WebCapula Tail Risk Fund Ltd is a corporation in Grand Cayman, E9. LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, -- CAPULA INVESTMENT MANAGEMENT ASIA LIMITED. WebThe Capula Tail Risk Fund invests in a range of instruments primarily in G7 markets. Capula Management Limited. We give you the access and tools to invest like a Wall Street money manager at a Main Street price. !,r@ J6Zo\U [Sq@SSc=\s: 3?9;1t#\| ;*@DYiEFV3(>O=w6KVd,AEEsz9.1p^k(M%L+UIT;@) +9\j].&SOs>._sZnayS-$YyEY&=ZP'-Xg'!E CnlRknFk[s GY+j wODL+ WebCapula Tail Risk Fund Ltd: Street Address 1 Street Address 2; UGLAND HOUSE: City State/Province/Country ZIP/PostalCode Phone Number of Issuer; GRAND CAYMAN: Performance prior to January 2011 is available upon request. But for the moment, thesebearish, tail-risk bets on the markets have turned sour as central banks continue to flood them with liquidity and as the global economy grew. ******* ****** **** *** ****** ******* *** ********** ****** ******* ************* ************* ************* ****** Capula Tail Risk Fund Ltd - Most recent fund raising on October 14, 2022 raised $37,200,000 in Equity 7F^Bw,`C"~sHKq;M?_~,h0~cR-Nd2s!RC}=nG5i~r:v0I}u[c}u{8U}_KryVl% .(4 Z=+ixam5Mt4 0xg@i`DDDJDF""# yX`DB2]8P%BQ'av^Mn[?,huuo_h}qP`2s 0z oP^\'h.+]l}T ~PzozyO$t_tZ=?uj@uZ/_E_Vw]m{W_WO+J^~v_JV=[S@GWuMi;MSRV`DDDERo_Uib`X&,XNYF[d@lLNDFMxOO^A(%s ?WN}#lee$0DO>? The problem is that any form of insurance costs money, and that, on average, those selling insurance will profit from those buying it. Please use the latest version of Chrome, Opera, Firefox, Safari or Edge. The filing was for a pooled investment fund: hedge fund The notice included securities offered of Equity,Pooled Investment Fund Interests. Also, concerns about the nuclear threat from North Korea, Hurricane Harvey and other storms helped push down stocks sharply this week. The Dai-ichi Life Insurance Company, Limited: Daishi Hokuetsu Bank, Ltd: Development Bank of g1waa0T Hk@b"#"! 13F filing from CAPULA TAIL RISK FUND LTD, enter your 0000000814 00000 n Y0A \.?A4=?N:_Y"NDDZVpP@?KAG| 7SBKT}),_cM|&'t"~@?pLWNDw#=kp_ }/nok[_6kZkom}i&VKn]0 b(!b8+qL!;}Sm4A/&p0j!"%^"":`` `DDDDDF""Tc(1)6 `A+c4h.PGQ20ff(" d",q5_O__DHcE%N|M'4MpU=x^`zo ~zm{_`48?P'l>NB1q 77K_my={Sv7R|$kiX`bdLExAa2. Capula Tail Risk Master Fund Limited is a hedge fund operated by Capula Investment Management Llp and has approximately $14 billion -- CAPULA INVESTMENT MANAGEMENT SINGAPORE PTE. Wall Street is in lower Manhattan and is home to the New York Stock Exchange (NYSE). Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. ;OH0e_,YS4Q=zomKws\[07x0 1 percent of the fund is owned by fund of funds. *********** ********* *** **** ****** ********* **** ************* ****** ******* ***** **** **** ****** ************** The Fund is actively traded in the proprietary trading style and can be categorised as defensive macro. ** ****** **** *** ****** ******* *** ********** ****** ******* ****, ******* ****** **** *** ************* *** ********** ****** ******* ***** *** ***** ******** ** *** *********** ** ****** For example, the $2.4 billion Capula Tail Risk fund was off 9.4 percent on August 24. {"search": "/search", "clicked": "/clicked", "portfolio_add": "/portfolio-add", "portfolio_remove": "/portfolio-remove", "portfolio_create": "/portfolio-create", "portfolio_activate": "/portfolio-activate", "portfolio_delete": "/portfolio-delete", "portfolio_rename": "/portfolio-rename", "portfolio_color": "/portfolio-color", "home_filter": "/home-filter", "htmlspeed": "/htmlspeed", "add_tag_firm": "/add-tag-firm", "add_tag_click": "/add-tag-click", "copy_aum": "/copy-aum", "stripe_checkout": "/stripe-checkout", "update_card": "/update-card"}, {"uid": 51985855, "pid": -1, "pid_a": [], "name": "", "email": "", "blacklist_f": false, "paywall_f": false, "paywall_n": 0, "random_n": 0}, Capula Investment Management Asia Limited, Capula Investment Management Singapore PTE Ltd, 2010-10-01 Custodian. ***Log In or |"B\PJ (N Role in Investing and Why It's Famous, Black Swan in the Stock Market: What Is It, With Examples and History, October Effect: Definition, Examples, Statistical Evidence, Understanding Tail Risk and the Odds of Portfolio Losses, Black Monday: Definition in Stocks, What Caused It, and Losses. The current The Chugoku Bank, Ltd. This fund aims to deliver strong return in times of crisis while paying close attention to the cost of carry in times of market calm.? Qv[TvwEAd[!w 3[e n(}I,9Ux UK(H]'K;`,q#yw68#"b-ODQB@.&g-sy2/33b78x0%/%$|]u Founded by Yan Huo in 2005 following a career principally at JP Morgan, Capula specialises in global fixed income assets. Q WebCapula Investment Management is one of the largest hedge funds domiciled in the UK. For more information, contact opendata@sec.gov. Capula Tail Risk Fund Ltd Industry: Pooled Investment Fund CIK Number: 0001588338 IRS Number: 980651233 Address: UGLAND HOUSE GRAND CAYMAN HH,*QutQ0Psrq*T0r@ Neither Man Group nor Capula would comment to the Journal. The employer identification number (EIN) for Capula Tail Risk Fund Ltd is 980651233. SEC form, multiple filers or classes of filers, and much more.***. Please declare your traffic by updating your user agent to include company specific information. It targets superior returns in times of liquidity and systemic crises while minimising downside and cost of carry during normal market conditions. DpAvH6-Z7&>L~q[_Lgul)oqzUn #7"_/z_k]}nIZ_Y]R4nJ-Kh5}WTa0!B"#^QvT`bM\vk7^m|$ This compensation may impact how and where listings appear. Reference ID: 0.96ecc017.1682921749.21bb5eb4. %PDF-1.6 % Indeed, after hitting peak performance in September 2011, these funds have fallenby about55%, according to data fromCBOEEurekahedgereported by the Journal. The firm last filed a Form D notice of exempt offering of securities on 2022-10-14. The firm last filed a Form D notice of exempt offering of securities on 2022-10-14. Da1Nxa~ 40LAaDDDDPY4,Yc%# |o;OL/H}zXh=O6_6Fi ,[aETk'OkoxB!8"*h:i~\d `&B#lhf(D)?'8o%n/F(!?aZ?DZ%DvmNnK93dPgPg(32pAmAKDxw0dM\E72e%8'.#>d^| AMM:^nJH6 47oUi^6\UMu}H92-wt.|7;~nzn_!SSuzI77 MK!aOZZO[|[7^-%^z 0000005345 00000 n United Kingdom. All rights reserved. Capulas investment strategies include enhanced fixed income, absolute return and tail risk strategies. WebCapula Tail Risk Master Fund Limited: EMR Capital Advisors PTY Ltd: EMR Capital Co-Investment VI LP: 42.0: EMR Capital Co-Investment V LP: 18.8: EMR Capital Resources Fund III LP: 118.4: EMR Capital Co-Investment III LP: 44.7: Aslan House Capital LLP: Aslan House Master Fund Limited: 294.3: For each tail risk strategy, we estimate the fixed allocation, that when combined with an equity portfolio, reduces tail WebFund Details. 0000005117 00000 n For the long term, taking out insurance against market volatility is a losing strategy, the Journal says, pointing to "a raft of academic papers and market analysis." If you are a financial advisor or mutual fund investor and have questions about your account or a mutual fund product, please visit AMGFunds.com. The firm manages absolute return, enhanced fixed income and tail risk strategies. Calculation Guide UniversaInvestments LP is a black swan fund that posted returns of over 100% during thefinancial crisisin 2008, the Journal says. 0000001997 00000 n GRAND CAYMAN, E9 WebCAPULA TAIL RISK MASTER FUND LIMITED PO Box 309, George Town, Grand Cayman KY1-1104 Cayman Islands, British West Indies Form of Adherence Letter 28 April 2010 A black swan is an event that is rare, very important, and is both difficult to have predicted but is considered obvious in hindsight. Note that this policy may change as the SEC manages SEC.gov to ensure that the website performs efficiently and remains available to all users. Director. The $2bn Capula tail risk fund, the worlds largest so-called black swan trader, had lost 14 per cent by November. According to the firm, the fund invests in a range of instruments primarily in G7 markets. The $3.7 billion Tail Risk Fund from Capula Investment Management, another London-based hedge fund giant with over $10 billion in total assets under management, is down 6.7% this year, per an investor letter obtained by the Journal. 0000000016 00000 n Also known astail riskfunds,black swanfunds seek to reap enormous profits from a sharp, severe downward move in the markets. However,Unigestion continues to utilize various hedging strategies such asput optionsand currency trades. Many experts say a recession and bear market aren't far off, two developments that might benefit black swan investors. ,-4K{l?69z&|@f(Y?oLZZ1C-H^(_xOQMZG8OZ All text and design is copyright 2020 WhaleWisdom.com. Recommendationsor opinions expressed in these materials reflect Aksias judgment as of the date He notes that going through long periods of losses during calm or rising markets tests the patience of fund managers and investors alike, but that patience should be rewarded when the nextBlack Mondayhappens. The current minimum investment for Capula Tail Risk Master Fund Limited is $5000000. WebThe Capula Tail Risk Fund invests in a range of instruments primarily in G7 markets. COPYRIGHT 2023 EUREKAHEDGE PTE LTD. *The fund performance and information recorded on this page is for illustration purposes only and will differ from the actual fund profile. tcu7@;mdpR64zinn1]A/ }kkf"xFT)&g^n(8 jlvg QPqX4jLE|`_ ga\%4$,w\(S!oZ.MxOS1F'6Z(7kQj%h8g'7^/ZOOcv{N.Mf{39j~f8kL~0p7@TGPcv%gowOwwC 3H0cCb9P$1E4&.YRum:A_P])YM;:V@D)vBTls$`E('V? dE:'YwtR~5NsWBavv7c~9ul+?WeIyXxEO65Mn)W{[n^61iNcYBWmAo1H" Cxfaj A$R+de^)e>Bw>1Y;V0GHam T +J}"^?/Ft= He is a board member of ArcelorMittal, EXCO Resources, Sun Bancorp and other corporations. 7 Clarges Street WebCapula Tail Risk Fund was launched on March 1 2010.? WebCapula Enhanced Fixed Income Master Fund Limited: Capula Global Relative Value Master Fund Limited: Capula Tail Risk Master Fund Limited: Capula Volatility Opportunities Master Fund Limited: The Chiba Bank, Ltd. Sign up today for free to access accurate and timely data on Capula Tail Risk Fund Ltd - Class C EUR and 150,000 other funds. 0000000688 00000 n endstream endobj 92 0 obj <> endobj 93 0 obj <> endobj 94 0 obj <> endobj 1 0 obj <> endobj 2 0 obj <>/ProcSet[/PDF/ImageB]>> endobj 3 0 obj <>stream WebCapula Tail Risk Fund Ltd; Firm: Fund # CIK # 0001588338: Sale: 2010-10-01 ($3.3 BB Sold) Fund: Phone: 3459498055: Address: Ugland House Grand Cayman, Cayman Sign up today for free to access accurate and timely data on Capula Tail Risk Fund Ltd - Class S USD and 150,000 other funds. On average, their value has fallen by 6.3% for the year-to-date through July, and they lost money in four of the previous five years, per data fromeVestmentcited by the Journal. Fund Manager: Capula Investment Management Llp (Crd# 163364), Private Funds Managed by Capula Investment Management Llp (3): Capula Global Relative Value Master Fund Limited , Capula Japan Equity Tail Risk Master Fund Limited , Capula Tail Risk Master Fund Limited, Administrator(s): International Fund Services (Ireland) Limited, Rank: 55 out of 30967 registered private funds, Rank: 3415 out of 30967 registered private funds, Rank: 16252 out of 30967 registered private funds. Help Centre ($3.3 BB Sold). WebCapula Tail Risk Fund Ltd Jurisdiction of Incorporation/Organization CAYMAN ISLANDS Year of Incorporation/Organization X Over Five Years Ago Within Last Five Years (Specify Year) Yet to Be Formed 2. 86 0 obj <> endobj The Capula Tail Risk Fund invests in a range of instruments primarily in G7 markets. Tail risk is portfolio risk that arises when the possibility that an investment will move more than three standard deviations from the mean is greater than what is shown by a normal distribution. Investopedia does not include all offers available in the marketplace. Form D contains basic information about the offering and the company. Capula Tail Risk Master Fund Limited is a hedge fund operated by Capula Investment Management Llp and has approximately $14 billion in assets. The $3.7 billion Tail Risk Fund from Capula Investment Management, another London-based hedge fund giant with over $10 billion in total assets under management, is down 6.7% this year, per an investor letter obtained by the Journal. The Capula fund gained 11% in 2011, lost 14% in 2012, and fell in three of the next four years, per the Journal. Thank you for your interest in the U.S. Securities and Exchange Commission. * ****** ********* **** ************* ****** ******* ***** **** **** ***. support@edgefolio.com, Privacy Policy WebCapula Investment Management LLP is a global fixed income specialist firm managing absolute return, enhanced fixed income, macro, and crisis alpha strategies with a focus For security purposes, and to ensure that the public service remains available to users, this government computer system employs programs to monitor network traffic to identify unauthorized attempts to upload or change information or to otherwise cause damage, including attempts to deny service to users. Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. Calculation Guide This supposed market anomaly, however, has little in the way of data to support it. {"search": "/search", "clicked": "/clicked", "portfolio_add": "/portfolio-add", "portfolio_remove": "/portfolio-remove", "portfolio_create": "/portfolio-create", "portfolio_activate": "/portfolio-activate", "portfolio_delete": "/portfolio-delete", "portfolio_rename": "/portfolio-rename", "portfolio_color": "/portfolio-color", "home_filter": "/home-filter", "htmlspeed": "/htmlspeed", "add_tag_firm": "/add-tag-firm", "add_tag_click": "/add-tag-click", "copy_aum": "/copy-aum", "stripe_checkout": "/stripe-checkout", "update_card": "/update-card"}, {"uid": 51985851, "pid": -1, "pid_a": [], "name": "", "email": "", "blacklist_f": false, "paywall_f": false, "paywall_n": 0, "random_n": 0}, Capula Investment Management Asia Limited, Capula Investment Management Singapore PTE Ltd, 2021-04-01 To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. oibHcF!/a|Z= The Man Group, a London-based alternative investment management business, has seen its AHL Tail Protect Fund lose 45% of its value since it 2009 launch, according to Man Group data reported by the Journal. WebCAPULA TAIL RISK MASTER FUND LIMITED (LEI# 29C7VLB4JHJG5S6I8Q07) is a legal entity registered with Business Entity Data B.V.. The Capula fund is designed to hedge tail risk across asset classes in developed markets, including equities, credit, FX and rates. ******* ****** **** *** ****** ******* *** ***** ************* ************* ****** LTD. For more information, please see the SECs Web Site Privacy and Security Policy. WebWe define portfolio tail risk as the conditional mean portfolio return in months where equity returns exceed a loss of five percent. s0C AeH 0000001032 00000 n Moreover, key equity market indicators such as the S&P 500 have set one record after record after beginning an upward climbin early 2009, while a bull run in bonds continues unabated. support@edgefolio.com, Privacy Policy to see more advanced email alert options such as selecting any type of What Are the Biggest Hedge Funds in the World? London, W1J 8AE Meanwhile, theCBOEVolatility Index (VIX), commonly usedas an indicator of uncertainty and fear among investors,fell to its lowest intraday level ever in July and remains near historic lows. The Capula fund is designed to hedge tail risk across asset classes in developed markets, including equities, credit, FX and rates. We'll assume you're ok with this, but you can opt-out if you wish. Form D is a form used to file a notice of an exempt offering of securities with the Securities and Exchange Commission. Related Persons Relationship: Executive Officer X Director Promoter If youre the manager of Capula Tail Risk Fund Ltd - Class C EUR, you can sign up to take control of your profile and respond to investor interest. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. Wall Street is also an umbrella term describing the financial markets. It targets positive returns in times of liquidity and systemic crises while minimising downside and cost of carry during normal market conditions. The filing was for a pooled trailer %%EOF WebCAPULA TAIL RISK MASTER FUND LIMITED PO Box 309, George Town, Grand Cayman KY1-1104 Cayman Islands, British West Indies 29 April 2010 Send to: Capula Tail Risk Fund LTD is based out of Grand Cayman. The Capula fund gained 11% in 2011, lost 14% in 2012, and fell in three of the next four years, per the Journal. It targets superior returns in times of liquidity and systemic crises while minimising downside during normal market conditions. WebMark Spitznagel is a former partner to Nassim Taleb and runs Universa, one of the largest tail risk hedge funds in the world. startxref ($1.0 MM Sold), Barclays Bank PLC, Morgan Stanley & Co International PLC, BNP Paribas London Branch, HSBC Bank PLC, JP Morgan Securities LLC, The Bank of New York Mellon International Limited, State Street Custodial Services Ireland Limited, Barclays Capital Inc, UBS AG London Branch, The Bank of New York Mellon London Branch, Societe Generale International Limited, Merrill Lynch International, Barclays Capital Securities Limited, State Street Bank and Trust Company, BOFA Securities Inc, Merrill Lynch Pierce Fenner & Smith Incorporated, Affiliated Managers Group PTY Ltd, Mitsubishi Corporation Asset Management Ltd, Barclays Bank PLC, Morgan Stanley & Co International PLC, BNP Paribas London Branch, JP Morgan Securities LLC, Barclays Capital Inc, UBS AG London Branch, Societe Generale International Limited, Barclays Capital Securites Limited, Merrill Lynch International, BOFA Securities Inc, Merrill Lynch Pierce Fenner & Smith Incorporated. The Journal went on to mention several black swan funds that either are floundering, or that have been shut down. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Today, its founder, MarkSpitznagel, tells the Journal, "I don't see anyone out there doing what I do." WebCAPULA TAIL RISK MASTER FUND LIMITED address: PO Box 309, Ugland House, South Church Street, George Town, KY1-1104, KY Entity Overview Registration Authority Entity Legal Form Legal Form Code OSBR LEI Registration Entity Relationship Reporting Exceptions Office Location Entities in the same location Entities in the same postal code