Aegea Capital

Aegea Capital focuses on equity-focused relative-value long volatility and tail hedge funds. It employs strategies to take advantage of mispricing in the term structure when they present themselves, while still carrying positions that benefit from market convexity. It centers on sustainable performance, with strict risk management, offered through a trusted and straightforward platform.



  • Superior, sustainable returns are generated by taking advantage of the well-documented and structural mispricing of skew and implied volatility that exists within the term structures of index options.
  • Extremely low turnover significantly reduces costs associated with more active fund management.
  • Favorable tax treatment for index options generates as much as a 20-percent lower tax rate on capital gains, substantially increasing real returns.

Risk Management

  • Strict risk methodology clearly and definitively bound tail risk associated with vol/arb strategies.
  • Broadly diversified index options offer greater liquidity and limit the potential effects of idiosyncratic risk.
  • A non-correlated, market-neutral strategy provides investors with a diversification mechanism for a broader portfolio.

    Trusted and Straightforward Platform

    • Exchange-traded options provide accurate and real-time mark-to-market profit and loss reporting and are subject to both SEC and exchange-level rules and regulations.
    • Open door policy to portfolio managers allows investors unfettered access.
    • Strong relationships with top-tier service providers offer highest-quality reporting.