Hedge Funds

Amplitude buys back outside equity, beefs up research team

by

Karsten Schroeder
Amplitude Capital, the $1.2 billion Zug-based systematic trading hedge fund group headed by Karsten Schroeder, has executed a number of corporate initiatives to position the business for further growth and expansion in the short-term CTA space.

The active partners in the firm, led by chairman and head of research Schroeder, are in the process of a share buyback from the passive shareholders that helped to seed the venture in 2004 – former Deutsche Bank managing director Shamil Chandaria and Mathias Ackermand.

Following completion of the buyback, Schroeder and his partners will own 80%