London-based fund Devet Capital has beaten
off the competition to win a coveted Dutch award for best
investment strategy chosen by over 250 industry experts.
Devet Capital was selected by the vast
delegation of investment managers, investors, hedge funds and
high-net worth individuals as the winner of the AIF Factor 2016
award, which allows a range of funds to pitch their investment
The competition was part of ABN Amro
Clearing’s Fifth Amsterdam Investor Forum held on
Wednesday in Amsterdam.
Irene Perdomo, principal & founding
partner of Devet Capital Investments, said: "We are so pleased
that our market neutral commodity investment strategy convinced
this professional audience."
She added: "They really liked our track
record of consistent positive risk adjusted returns, with
controlled drawdowns, with a strict risk management approach.
This is achieved through an efficient combination of machines
for trade selection and human intervention for the risk
Devet saw off competition from a shortlist
including: the Serone Key Opportunities Fund of Serone Capital
Management; the Mint Tower Arbitrage Fund from Mint Tower
Capital Management; Abrax Merger Arbitrage of Puzzle Capital;
and Done Hedge Fund by Done Fund Management.
Gildas Le Treut, global head of prime at
ABN AMRO Clearing, said: "We have had a great diversity of
strategies presented to us this year again, and five impressive
He added: "I am especially pleased with
the compelling and enthusiastic pitches delivered by the five
finalists. I would like to congratulate Devet Capital
Investments for winning the AIF Factor. Their dynamism and the
clarity of their presentation made a particular impression on
the audience which led to a success in a very close race."
ABN said the AIF Factor competition is
open to all active or prospective funds of any size, location,
investment target or style.
The award is a boost for the London-based
fund founded by former Barclays traders Perdomo and Leo
Perdomo will be speaking on the
opening panel of
FOW’s The Evolution of Professional Trading event
in London on February 25. Click on the link to
register and for more information.