Praxis Capital Management (Praxis) is an alternative investment manager with an active style of global macro investing. Praxis launched its flagship Praxis Opportunity Fund (POF) in 2018 with the objective of achieving non-correlated, asymmetric, risk-adjusted returns compounding over a medium- to long-term time horizon.
Praxis Opportunity Fund
Leveraging its founders’ experience in trading proprietary capital, the Fund actively trades around its core macroeconomic views to capture optimal convexity on the upside, while limiting downside exposure by adhering to strict, mark-to-market risk management practices.
The fund has historically benefitted from periods of price dislocation between asset classes. We believe it is during times of rising cross-asset volatility that the fund is best suited to generate attractive returns that are uncorrelated to the broader market.
Past Performance is not indicative of future results. There is a risk of loss in trading, which may include a loss of principal.
Strategy
Praxis focuses on a discretionary, opportunistic, and high velocity style of global macro trading and investing. Praxis has developed a multi-process, multi-durational tactical approach that integrates a blend of macro-economic fundamentals and cross-asset correlation analysis.
Research-Driven
The idea generation process begins by processing incoming economic and geopolitical data with the goal of identifying macro thematic catalysts believed to impact global capital flows within global financial markets.
Opportunistic
Upon identifying high risk/reward thematic investment opportunities, the fund expresses its macro views using cash, futures, and options instruments within the traditional macro asset classes of fixed income, equities, commodities, and foreign exchange.
Multi-Durational
Praxis operates three distinct internal strategies within POF: Short-duration trading (event and volatility driven), Medium-duration (tactical), and Longer-duration (thematic).
Risk-Focused
Active risk management is the cornerstone of the fund’s capital deployment strategy. Our trading and portfolio construction is deliberately focused on instruments with high liquidity and clear hedging counterparts, allowing us to manage exposures with precision across multiple durations throughout all time zones.
