Quad Advisors, a hedge fund incubator and accelerator, has signed two growing hedge funds as its first resident firms.
Quad Advisors is the newest initiative in a family of financial entities housed within the Quad family of companies.
Quad Advisors provides small and mid-size hedge funds a scalable trading platform, in-house analyst research, risk assessment, accounting and technology services, as well as access to Quad and investor capital.
"This is the next step in the continuing evolution of Quad," said John Guarino, managing partner of Quad. "Hedge funds we accept into Quad Advisors have instant access to capital and benefit from our lower cost and expense structure. We view this as a natural extension of our business, and a prelude to additional initiatives in the future."
"Quad Advisors has a robust platform with the necessary infrastructure needed to run a successful hedge fund," said Peter Borish, Chief Strategist for Quad Advisors. "Think of the ‘alphabet soup’ that plays into whether or not firms are successful. You need a great GC, a great CFO, CTO, CCO and so forth. Quad has outstanding, experienced executives in every role."
Borish is highly engaged in recruiting new hedge funds for Quad Advisors as well as serving as a trading coach helping traders develop a methodology to enhance their performance. Borish is a seasoned Wall Street veteran and was a founding partner of Tudor Investment Corporation.
"We were impressed with Quad’s credibility within the Wall Street community and the reputation of the senior management team in attracting world class investors which will allow us to access more capital," said Roland Oosterhout of Go Capital Partners, one of the first two firms to join Quad Advisors.
"We are excited about partnering with Quad Advisors and using the tools its platform provides. Our trading strategy is our number one priority and by accessing Quad Advisors’ infrastructure we can concentrate on what we do best."