Precision Capital. Asymmetric Returns
We deploy capital at the intersection of structural insight and disciplined risk management — targeting opportunities where the probability of loss is low and the potential for gain is exceptional.
Our Approach
Andava Capital employs a multi-strategy framework anchored in macroeconomic analysis, options-based positioning, and systematic trading models. We do not chase momentum. We identify structural dislocations — moments where market pricing diverges from fundamental reality — and position capital to benefit from the inevitable correction.
Top-Down Macro Framework
Every investment thesis begins with a rigorous assessment of the global macroeconomic environment. We analyze monetary policy cycles, credit conditions, geopolitical dynamics, and capital flow patterns to identify the structural forces shaping asset prices.
Options & Derivatives Strategy
We use options and structured derivatives not merely as hedges, but as primary instruments for expressing asymmetric views. This allows us to define risk precisely while maintaining significant upside exposure.
Systematic Trading Models
Proprietary quantitative models complement our fundamental research, identifying statistical patterns and risk premia across global markets. Our systematic layer provides consistency and removes emotional bias from execution.
Concentrated, High-Conviction Positions
We maintain a focused portfolio of our best ideas. Diversification for its own sake dilutes returns. We act decisively when our research and models converge on a high-probability opportunity.
Asset Classes
We operate across a broad universe of liquid and semi-liquid instruments, selecting the optimal vehicle for each investment thesis.
Global Equities
Long and short equity positions across developed and emerging markets, with a focus on structural growth themes and mispriced value.
Options & Derivatives
Listed and OTC options, volatility strategies, and structured products used to construct asymmetric payoff profiles.
Fixed Income & Credit
Sovereign and corporate credit across the capital structure, including distressed and special situations opportunities.
Macro & FX
Currency and rates positioning driven by macroeconomic divergence, central bank policy, and cross-border capital flows.
Commodities
Strategic exposure to energy, metals, and agricultural markets where supply-demand imbalances create durable pricing inefficiencies.
Private Opportunities
Selective co-investment in private transactions where our network and analytical edge provide a differentiated information advantage.
Risk Management
Risk management is not a constraint on our strategy — it is the foundation of it. We believe that protecting capital in adverse environments is what enables compounding over time. Our risk framework operates at every level of the portfolio.
Position Sizing
Each position is sized relative to its conviction level, liquidity profile, and contribution to overall portfolio risk. No single position is allowed to dominate.
Drawdown Controls
Predefined drawdown thresholds trigger systematic de-risking at both the position and portfolio level, preventing catastrophic loss scenarios.
Stress Testing
Portfolios are stress-tested against historical crisis scenarios and hypothetical tail events to ensure resilience under extreme market conditions.
Liquidity Management
We maintain sufficient liquidity at all times to meet redemption obligations and to capitalize on dislocations that require rapid deployment.
Explore an Allocation
We engage with qualified institutional investors, family offices, and accredited individuals. If our strategy aligns with your objectives, we welcome the conversation.
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