Graham Capital Management
Graham Capital Management is a leading alternative investment management firm specializing in innovative quantitative and discretionary investment solutions. Founded in 1994, the firm focuses on delivering compelling alpha opportunities across a wide range of market environments, with strategies designed to maintain low correlation to traditional investments. GCM provides a diverse suite of macro-oriented discretionary and quantitative strategies across global fixed income, currency, commodity, and equity markets. As of July 1, 2025, the firm manages approximately $20 billion in assets on behalf of global pensions, sovereign wealth funds, endowments and foundations, investment advisors, and qualified individual investors, establishing itself as a trusted partner for sophisticated investors seeking advanced portfolio solutions.
Associated People
1994 - present
2010 - present
2009 - 2021
2012 - 2016
2009 - 2011
2002 - 2007
Graham Capital Management (GCM), founded in 1994, is one of the longest-standing quantitative and discretionary macro investment managers.
The firm employs a diversified investment approach, integrating both quantitative models and discretionary trading strategies to generate complementary alpha opportunities.
GCM’s active and strategic focus on diversification aims to deliver consistent returns with low correlation to traditional investments across multiple market environments.
The firm is headquartered in Rowayton, Connecticut, with additional offices in New York City, West Palm Beach, and London.
INVESTMENT SOLUTIONS
Global Macro Strategies – GCM allocates capital to experienced portfolio managers, providing discretion to trade their market views within a disciplined risk management framework.
Quantitative Strategies – Sophisticated portfolio construction techniques are applied, emphasizing diversification, risk management, and efficient order execution.
Blended Strategies – These strategies offer broad exposure to a mix of discretionary and quantitative approaches within a single fund, optimized for risk-adjusted returns.
Customized Solutions – GCM works with institutional investors, consultants, and advisors to create tailored portfolios that meet specific investment objectives.
Graham Core Macro (GAIF) – The Graham Alternative Investment Fund – Core Macro provides accredited investors with comprehensive exposure to both quantitative and discretionary strategies, structured for diversified alpha potential.