Hedge Fund Awards 2016

Hedge Fund Awards 2016 69 ~ Award for Innovation in Systematic Strategies & Most Sustainable Quantitative Strategy Fund: Helios Fund Hyperion Capital Advisors, LLC is a quantitative based investment manager with the following objectives, typically working with high-net worth individuals, family offices, and small institutions: • Provide investors with empirical-based investment solutions combining technology and machine intelli- gence with human awareness and oversight; • Provide competitive equity returns with reduced risk and volatility of the broader equity indices; • Provide long term capital appreciation via the compounding of high probability, short duration trades. Helios Fund is a multi-strategy systematic quantitative long/short equity fund. The strategies include unique proprietary methodology in trend following, mean reversion and our approach to managing risk include disciplined and defined process. Position limits, cognitive self-evolving stop losses, and static model max loss stop losses of 10%. Chris Sullivan Portfolio Manager at Hyperion Capital Advisors LLC goes on to explain that for example, “trading objectives; profit targets and stop losses, for example on Costco, differ greatly than those on Amazon. In addition, we also reserve the discretion to sit out or delay trading signals for up to two days to ensure good execution and potentially to avoid systemic events.” He then goes on to outline how the firm’s approach is “to allow the algorithmic system to allocate trades across the strategies in an overweight/underweight fashion that capitalize reactively to trend, momentum, and mean reversion. We strive to have low correlation to the broader equity markets and seek to manage risk simply by having days where the model is out of the market (which YTD has been 27% of the time)” Sullivan details. “Further, we’ve designed cognitive algorithms to recognize optimal risk reward ratios based on an individual security basis. Lastly, liquidity matters, as we rank the top 500 most liquid constituents of the Russell 1000 (on a 30 day basis) before they enter the model. Our overriding philosophy in terms of choosing funds to invest in would be diversify via strategy. Data suggests that combinations of strategies such as value and momentum yield more alpha with lower volatility for long term investors” he adds. One step ahead To remain on the cutting edge, Chris Sullivan explains that “we keep track of trends within technology spe- cifically machine learning and data, as well as have strong industry strategic partnerships that help uncover development and investment opportunities in process and infrastructure. These strategic partnerships such as our Administrator Kaufman Rossin Fund Services, auditor PWC, brokers Cantor Fitzgerald and Goldman Sachs, ensure that clients receive the highest service, transparency, and best execution.” Furthermore, Sullivan believes that the diligence and humility of his company as well as our constant willingness to evolve help differentiate us from competitors. “For staff, we are looking for folks with pedigree, determination, and skill but people who can also thrive at filling niches within our practice to ensure diversity in viewpoint and application with each role definitive in adding value” he says. “For clients, we are looking for gaps in portfolio allocation, specifically when it comes to equity exposure. Clients who are looking for the growth potential of equities, but prefer accessing it through a highly disciplined investment vehicle with defined trading goals and objectives” he explains. Days to come Ending the interview on a positive note, “the future is exciting, as technology evolves trading methodologies and applications evolve with it” Sullivan conveys. “Our focus is on the combination of traditional trading disci- plines with the evolution of technology. To clarify, our position is that the combination of human and machine may outperform purely black-box machine only strategies over time” he continues. “We are grateful for our near term achievements and our focused on serving our clients capital to the best of our abilities and earning the right to grow.” Company: Hyperion Capital Advisors LLC Name: Chris Sullivan AWMA, CMT, and CRPC - Portfolio Manager Email: [email protected] Web: www.hyperioncp.com Adrress: 270 W. New England Ave Winter Park, Fl 32751 Telephone: 407-935-1040 Hyperion Capital Advisors