London-based alternative asset managerTrium Capital has brought quantitative investment group Sabre Fund Management (Sabre) into its multi-boutique structure.
Sabre's Quantitative Equity Arbitrage fund has a 17-year track record. The fund, which is equity market neutral, has been managed by Dan Jelicic, chief investment officer, since its inception and has returned 166.56% in the 17 years since its since launch (Aug 2002-July 2019).
Alongside this pioneering strategy, Sabre also brings its successful Sabre Dynamic Equity fund, launched in 2013, which incorporates an element of directionality, driven by its quantitative process. Both strategies will be rebranded Sabre Trium and sit alongside Trium's existing offerings.
The move sees the ten-strong Sabre team move to Trium Capital's London offices and combined group assets under management rise to $750m. Dan Jelicic will continue to head the Sabre investment team and lead research and development of the Sabre strategies. Melissa Hill, CEO of Sabre Fund Management, will take on the newly created role of head of Quantitative Strategies and will join the Trium Executive Committee.