Prelude Capital Management

Overview

Prelude Capital Management is a global multi-manager hedge fund adviser managing allocations in excess of $5 billion across its offices in New York, London, and Hong Kong. The firm focuses primarily on structural approaches to generating alpha for institutional investors via a highly diversified portfolio of investment strategies, asset classes, and geographies directed in collaboration with more than 100 established hedge funds and individual portfolio managers. The firm’s flagship fund complex aligns incentives for its portfolio manager partners through the use of subordinated co-investments while affording significant principal protection to investors. Prelude's structured approach is centered around achieving superior incentive alignment, risk management, and consistent implementation, resulting in persistent, idiosyncratic sources of alpha. The firm's risk management and technology underpin its structure, with investment selection guided by its framework. The dedicated global risk team operates simultaneously out of offices in New York and Hong Kong, effecting continuous global coverage. The extensive proprietary risk systems have been developed specifically for the Prelude investment model and facilitate unique real-time monitoring across the global portfolio. Investment and operational diligence feature heavily in the investment allocation decisions and are supported by a dedicated in-house compliance team with staff in both New York and Hong Kong. Investment research and other standard diligence considerations are evaluated by various teams across the firm alongside key risk metrics as part of each allocation process. In addition to explicit, bespoke structural risk mitigation and an opportunistic hedging program, the allocations are highly liquid and well-diversified across geographies and strategy types.

Investment Focus

• Institutional investors
• High-net-worth individuals
• Accredited investors

Portfolio Companies