Institutional investors who allocate to 111 CAPITAL value the combination of systematic rigour, operational transparency, and direct communication that defines our approach. The following reflect the experience of investors who have worked with us across multiple market cycles. Their feedback shapes how we continue to develop our strategies and client relationships. We share these perspectives because we believe institutional trust is built on evidence, not assertions.
"We allocated to 111 CAPITAL's market-neutral equity strategy three years ago following an extensive operational due diligence process, and the experience has exceeded our expectations on multiple dimensions. The drawdown controls performed exactly as described during the volatility spike we experienced in the second year — the strategy de-risked systematically and recovered without any discretionary intervention. The daily attribution reports are genuinely useful to our internal risk team, which is rare among the managers we work with. We have since increased our allocation and are in discussions about their derivatives arbitrage strategy."
"As a family office with strict governance requirements, we needed a quantitative manager who could provide full position-level transparency and clear documentation of their investment process. 111 CAPITAL met every requirement in our due diligence checklist and several that we had not thought to ask about. Their capacity discipline is notable — they proactively informed us when one strategy was approaching its limit, which built significant trust. Performance over our investment period has been consistent with the pre-investment backtested Sharpe ratio at the net-of-fees level."
"Our pension fund has strict liability-matching constraints that make us cautious about allocating to hedge fund strategies, but 111 CAPITAL's risk-parity approach and hard drawdown limits made the investment case compelling. The onboarding process was thorough and their legal and compliance documentation was of the standard we expect from a tier-one institutional counterparty. Over the past two years we have seen the strategy deliver positive returns in three of four quarters where our benchmark equity allocation was negative. Investor relations is responsive and the quarterly calls are substantive rather than promotional."
"I have evaluated dozens of quantitative managers over my career, and 111 CAPITAL stands out for the intellectual honesty with which they discuss the limitations and risks of their strategies alongside the opportunities. Their research team can explain in plain language why each signal works, what market conditions would cause it to underperform, and how the portfolio is constructed to manage that scenario. The live track record aligns closely with the backtested expectations, which is not always the case in this industry. I recommend them without reservation to institutional allocators seeking a systematic long-short equity component."
"We invested with 111 CAPITAL as part of a diversification initiative away from discretionary managers, and the low correlation of their strategies to our existing portfolio has been a meaningful benefit. During the rate volatility period last year, their volatility arbitrage book contributed positively at a time when most of our other allocations were under pressure. The fee structure is straightforward with no hidden costs, and the performance fee calculation methodology is clearly documented. We consider 111 CAPITAL a core holding in our alternatives allocation."