Hedge Funds

Last Atlantis Capital Management plans quant fund platform


Last Atlantis Capital Management has rolled out the first in a new series of systematic hedge funds.

The St. Charles, Ill.-based firm, which manages $400 million across 15 different funds, has invested five years in building out an infrastructure that includes a proprietary data processing system and execution platform.

The firm's initial systematic vehicle, the Quantitative Intraday Futures Share Class I1 Fund, launched in February, and will trade U.S. futures.

Subsequent launches will trade European and Asian futures. LACM ultimately aims to keep its assets constantly working by creating funds that continually trade futures around the world.

LACM has developed