Two innovative funds, Domeyard LP (an investable high-frequency trading firm) and Orthogon Partners (an esoterics fund focusing on unique, private and non-traded assets), will describe interesting aspects of their specialized (and completely different) approaches, setting the stage for a discussion of competition, talent acquisition, and maintaining an edge.
We have just begun to uncover a world of opportunities made possible by decentralized, blockchain technology. Starting from “Blockchains 101”, Michael Casey discusses the massive technological and societal advances that are possible as well as the challenges that have yet to be overcome.
Rishi holds a unique market philosophy. He believes that today’s highly computerized, competitive markets make alpha a very rare commodity. Sourcing less understood, non-traded, human capital intensive, and unique opportunities that often have no competing bid is the defining philosophy at Orthogon. Rishi provided an interesting counter-perspective to the mechanically minded crowd at the Summit, helping tie in a discussion of opportunity sets in less liquid assets, which is relevant for managed funds moving into new markets. Rishi presented his journey from academia to Two Sigma to Orthogon and how he developed his unique ideas on alpha, while demonstrating, with examples, the lengths he goes to find new investments.
There is still a fair amount of infrastructure that needs to be developed before meaningful institutional capital is allocated to this space. In addition, we have seen a dramatic growth in hedge funds trading crypto which will necessitate it’s own unique tool kit. Industry pioneers who have begun to build this infrastructure will discuss where we are in the development cycle and what some of the unique challenges are relative to existing asset classes. This discussion focuses on the security, custody, risk hedging and trading solutions that will support the cryptoasset ecosystem.