TPRV Capital pursues fixed income relative value (“FIRV”) opportunities globally and seeks to generate positive and uncorrelated returns through a differentiated approach that
focuses on derivative and volatility based FIRV strategies.
To augment returns, the fund opportunistically allocates a minority
of the risk to FX, equity and commodities markets whenever dislocations lead to high-conviction trades.
HIGHLY EFFICIENT AND AUTOMATED SYSTEMS PROVIDE ABILITY TO ADAPT
TO MARKET STRUCTURE CHANGES
AND IDENTIFY UNIQUE OPPORTUNITIES GLOBALLY IN REAL TIME
Bottom-up approach to finding compelling micro-relative value opportunities that larger, more concentrated funds may avoid, resulting in a more diversified portfolio, focused on less crowded strategies
Quantitative filters and discretionary decision-making applied to global volatility markets, focusing on relative value and outright vol strategies in core as well as non-core less trafficked markets
Trading strategies executed primarily with off-balance sheet derivatives, allowing TPRV to aim for a least 60% of NAV in unencumbered cash
Opportunistic risk allocation in FX, equities and commodities. Harvest cheap volatility across asset classes and participate in other markets when dislocations present opportunities
Team, proprietary technology, and systems able to capture trades in all
time zones, maintaining truly global reach.Strong presence in less trafficked markets with largest structural demand imbalances, such as Korea, Canada, and Taiwan. Average allocation to Asia-Pacific region as high as 50%