Ovata Capital Management Limited

Overview

Ovata Capital Management Limited is a Hong Kong-based investment manager, established in 2017, specializing in multi-strategy equity market neutral strategies for institutional investors globally. The firm's flagship product, the Ovata Equity Strategies Master Fund, focuses on Asian equities across five core strategy sleeves: Arbitrage, Relative Value, Event, Long/Short, and Capital Markets. Ovata Capital believes a combination of discretionary and quantitative investment processes, together with a mix of different time horizons and geographies, creates a robust and well-diversified investment business. Multiple investment specialists work collaboratively to provide optimal diversification of risk and return streams. The investment objective is to generate absolute return uncorrelated with general equity market performance. The four core equity strategies—Arbitrage, Relative Value, Event, and Long/Short—aim to be complementary and are underpinned by a consistent, low-net risk framework. The investment process seeks to isolate and capture alpha while minimizing exposure to systematic risks, such as market, country, sector, and style factors. Risk capital is dynamically allocated between the four core strategies based on opportunities throughout the market cycle. James Chen is the Founder and Chief Investment Officer of Ovata Capital. He has 25 years of investment experience in global equity markets. Prior to launching the Fund, James established and led the Asia equities business for BlueCrest Capital Management. Ovata Capital's unique advantages include the team's extensive investment experience and shared background fostering productive collaboration and increasing investment efficiency. There are significant investment synergies across the four core strategies, run as a team rather than separate pods on a platform. The firm's partnership structure provides a clear pathway for career progression and long-term alignment of interests. Presence in Hong Kong, Singapore, and the U.S. enables optimal connectivity to global markets, talent, and investors. Risk management is ingrained in the investment and portfolio construction process. The Fund isolates alpha via low net exposure to market, country, sector, and style factors. The risk management framework is comprised of objective limits, quantitative models, and discretionary oversight. The Chief Investment Officer manages a central risk book, both for best ideas and fund-level tail hedges, in conjunction with an investment committee that meets bimonthly and via oversight from an independent Chief Risk Officer. The firm's systems, processes, controls, and technology infrastructure are key pillars in its mission to produce consistent and repeatable investment results.

Investment Focus

• Institutional investors
• Accredited investors
• High net worth individuals

Portfolio Companies