Launches & Closures

IMQubator seeds systematic volatility trading group Volvar


Amsterdam-based IMQubator – the hedge fund seeding operation backed by leading Dutch pension asset management group APG – has seeded its ninth fund with a €25 million commitment to volatility specialist Volvar Asset Management.

Led by three founding partners including two former volatility portfolio managers in Lehman Brothers’ investment management division, Volvar employs a systematic long/short volatility strategy that aims to generate pure alpha with convex portfolio returns. The niche strategy is designed to build returns on volatility dynamics rather than market forecasts.

“The Volvar team has solid experience in volatility trading and its strategy represents a small