About Us. Our clients are at the heart of everything we do.
.At Park Capital SA, we are a dynamic group of highly qualified specialists with a diverse range of professional backgrounds, including mathematics, science, engineering and finance.
Park Capital SA level of expertise and diversity fosters a compelling ‘group challenge’ ethic rather than a ‘group think’ attitude, thus ensuring that every element of our investment approach is fully contested, considered and debated from a multiplicity of perspectives.
At Park Capital SA, we empower and encourage our people to actively search for alpha opportunities wherever and whenever markets are traded. Our research is unconstrained by trading style or dogma and we are continually looking to add value by seeking new markets to trade while evolving our methods and models..
DEFINING PARK CAPITAL SA
“Park Capital SA business principles are designed to distill and define our key priorities, focus and culture.”
Chief Executive Officer, Park Capital SA
CORE VALUES AND PRINCIPLES OF PARK CAPITAL SA
PERSISTENCE
We do not give up just because something is hard. We persevere, adapt and evolve our approaches, constantly looking to optimise our strategies.
PASSION
We are passionate about our strategies and how they can provide significant value to our clients over the long-term.
PRACTICAL
We are not purely academic. We aim to produce compelling returns in real world markets for our investors.
SCIENTIFIC
We bring a scientific, empirical mind-set to investing. We act on evidence and strive to model and understand all aspects of the investment universe.
COLLABORATION
We believe that the best way to extract value from leading minds is to encourage a thoughtful exchange of ideas in an open environment.
BUSNIESS OVERVIEW
At Park Capital SA, we are an active investment management firm focused on delivering attractive performance and client portfolio solutions, deploying the latest technology across our business to help ensure we stay at the forefront of our evolving industry.
At Park Capital SA, we provide long-only, alternative and private markets products on a single and multi-manager basis. We develop bespoke solutions and fund of hedge fund services which utilise the firm's advanced technology, infrastructure and expertise. We continuously invest in technology, talent and research as we strive to deliver the best results for our clients.
Across Park Capital SA investment managers, we manage US$ 7bn for our global clients, with institutional investors contributing 90% of the group’s funds under management.
OUR INFRASTRUCTURE
At Park Capital SA, we believe that our infrastructure is crucial in allowing our front office to maintain an uninterrupted focus on growing clients’ assets.
Our experienced management team is committed to investing in infrastructure over the short and long terms. In doing this we are confident that we will be able to maintain best-in-class offerings in Technology, Compliance, Human Resources, Legal, Operations and Facilities.
We firmly believe our infrastructure is one of our key commercial differentiators, maintaining our position at the forefront of the asset management industry and allowing us to constantly evolve and adapt as our client’s needs do.
Technology
We use advanced scientific methods to help inform our investment decisions.
Park Capital SA believes that technology will play a key role in the future of active management. Our commitment to research in this area can be seen in many ways. We collaborate with the many famous University on machine learning techniques through the Park Capital Research Center, we seek to hire the very best quantitative talent to lead our research efforts and we invest in cutting edge hardware, such as GPU computing.
These efforts often involve input from all five of our investment management businesses. In doing this, we are facilitating the effective cross-pollination of ideas, both within Park Capital SA, and between ourselves and the academic community, which we believe will help give an edge to our investment activities.
Operations
Investment in technology is key to the on-going success of our business.
Park Capital SA’s investment managers trade across many different asset classes, geographies and product styles. We invest in technology to help ensure we are at the forefront of investment and risk management, trading and operations.
Our proprietary central operational platform, delivers a co-ordinated process for the firm’s trading as well as enhancing risk controls and expanding the analytics available to our portfolio managers. As regulatory requirements and clients’ expectations develop, this single central system also delivers high quality, timely and dynamic reporting.
We believe this capability allows us to respond to our clients’ needs and market opportunities with greater speed, flexibility and assurance.
Risk Management
Robust risk management systems are essential to ensuring our duty of stewardship to our clients.
Park Capital SA maintains rigorous oversight of counterparty exposures, group-wide liquidity and balance sheet risk. We also regularly conduct market stress tests to prepare ourselves as thoroughly as possible for potential future adverse conditions. Finally, our Risk & Finance Committee reviews our operational risk profile and challenges the adequacy of risk mitigation wherever necessary.
The firm’s risk teams operate across the entirety of the firm, and are embedded within the most senior levels of our organisation. Risk teams are also deeply involved with our investment management businesses on a day-to-day level, monitoring risk concentrations and conducting other quantitative factor analyses.
Compliance & Legal
In an ever-changing regulatory landscape, we are committed to effectively combining accountability with high organisational performance.
Park Capital SA’s corporate entities are regulated in multiple jurisdictions worldwide, putting the firm at the forefront of today’s complex global investment landscape. In this environment, our compliance and legal functions have a simple aim: to ensure that doing the right thing is the easiest and most effective way of operating.
We invest in the people and processes to support our aim of achieving the highest standards in compliance. Our legal teams are located across all the firm’s jurisdictions, to help ensure that we fully understand the context and impact of varying requirements.
We employ a ‘three lines of defence model’ to ensure our employees have the flexibility to create solutions applicable to our clients’ needs, but to do this in an appropriately controlled environment. We believe that this instils a culture of compliance into all personnel. This is consistent with our commitment to run our business to the highest standards, and for the long term.
PARK CAPITAL SA RESEARCH CENTER
The Park Capital SA Research Centre is our unique collaboration with many famous Universities. Over the last decade, many Universities has provided Park Capital SA engineering consultancy, assist in conducting pioneering research into quantitative finance, and now focuses primarily on machine learning techniques and data analytics for Park Capital SA.
We believe this initiative is highly supportive of the on-going evolution of our quantitative investment strategies. We are constantly being presented with new and expanding datasets and machine learning has a huge amount to offer in interpreting this information.
Located in the same building as Park Capital SA’s Research Centre, the centre provides us with a direct connection to cutting-edge machine learning research and allows for the fruitful cross-pollination of ideas between the investment and academic communities. The work undertaken at the centre, in areas as seemingly unrelated to investment as galaxy classification and measurement of the height of tides, has directly contributed to our investment methodologies. We actively use machine-learning techniques in our trading programmes and these have become a genuinely value-adding approach for our clients.
OUR HISTORY
With a trading history spanning more than 10 years, and over 8 years of experience of global investment management, Park Capital SA offers longevity and durability in a rapidly changing financial world. Park Capital SA has over 10 years of investing experience, and Park Capital SA developed its private markets offering with the launch of 3-way arbitrage trading in 2019.
LEADERSHIP TEAM
RICHARD MCGILL
CEO, PARK CAPITAL SA
Richard McGill was appointed to the Board in September 2016, having previously served as COO of Park Capital SA since 2012. During this time, he was responsible for the management of Park Capital SA’s investment businesses.
Prior to this, Richard McGill was CIO of Park Capital SA and Non-Executive Chairman of Park Capital SA’s business activities. Richard McGill previously served as Managing Director of Capital Great SA from 2009 - 2013 where he was one of two partners running the business.
Before joining Park Capital SA, Richard McGill was a Managing Director at J.P. Morgan in London where, as Global Head, he was responsible for building the firm’s Global Equity Derivatives and Equity Proprietary Trading business.
RYAN EDWARD
CFO, PARK CAPITAL SA
Ryan Edward was appointed to the Board as Chief Financial Officer in January 2017, having performed the role of Chief Financial Officer Designate since September 2016.
Ryan Edward previously served as Co-CEO of Park Capital SA from 2013 and was COO of Park Capital SA from 2010. Ryan Edward joined Park Capital SA in 2009 from strategy consulting firm McKinsey where he worked across a range of industries.
LEON DAHMER
EMEA Managing Director, PARK CAPITAL SA
Leon Dahmer is Managing Director for Europe, and Middle East and Africa (EMEA) region for Park Capital SA, and is responsible for product strategy and project management for EMEA region.
Leon Dahmer joined Park Capital SA in 2009 and prior to joining Park Capital SA worked in a number of areas across the group, including product development and operations.
He qualified as an ACA with PKF (UK) LLP, which is now part of BDO LLP, and holds a BSc (First Class) in Pathology and Microbiology from the University of Bristol.
BERT SEYFRIED
CIO, PARK CAPITAL SA
Bert Seyfried is Chief Investment Officer of Park Capital SA, and a member of the Park Capital SA Executive Committee. He is also Portfolio Manager of Park Capital SA Dimension Program, Park Capital SA’s flagship systematic multi-strategy program.
Previously, Bert Seyfried was Co-Head of Research. Bert Seyfried joined Park Capital SA in 2009, initially to lead the development of Park Capital SA’s systematic volatility trading strategies and later running cross asset-class research across the group.
Before joining Park Capital SA, Bert Seyfried was an Equity Derivatives Strategist at JP Morgan, developing quantitative trading models.
Bert Seyfried graduated from the University of Cambridge in 1996 with a First-Class Degree in Mathematics, and gained a PhD in Mathematical Logic in 1999 from the University of Manchester.
Before joining Park Capital SA, Bert Seyfried was an Equity Derivatives Strategist at JP Morgan, developing quantitative trading models.
Bert Seyfried graduated from the University of Cambridge in 1996 with a First-Class Degree in Mathematics, and gained a PhD in Mathematical Logic in 1999 from the University of Manchester.
PIERCE STEEN
ASIA-PACIFIC MANAGING DIRECTOR, PARK CAPITAL SA
Pierce Steen is the Asia-Pacific Managing Director at Park Capital SA and is a member of the investment committee. He has overall responsibility for client communication across Park Capital SA’s range of quantitative strategies.
Prior to joining Park Capital SA in 2011, Pierce developed capital structure arbitrage strategies at KBC Alternative Investment Management and equity derivative relative value models for Vicis Capital. He started his career at Credit Suisse in fixed income before moving to Commerzbank, where he established the relative value team and subsequently became Head of Credit Strategy.
Pierce Steen holds a Master from the University of Cambridge in Seismology and a BSc in Geophysics from the University of Edinburgh.
JANE MICKEYL
CHIEF SCIENTIST, PARK CAPITAL SA
Dr Jane Mickeyl is Park Capital SA’s Chief Scientist and Academic Liaison. Jane Mickeyl is based in the Park Capital Research Laboratory and has overall responsibility for Park Capital’s strategic research undertaken there.
Prior to joining Park Capital SA in 2010, she lectured in Statistics at the University of Surrey.
Dr Jane Mickeyl read Mathematics at Cambridge University, holds a PhD from Lancaster University in the development and application of multivariate extreme value methods and is a former winner of the Royal Statistical Society’s Research Prize.
BOARD OF DIRECTORS
JEAN-MARC DUPUCH
PARK CAPITAL SA
Business Development
ruvercap / O1 Services/ Oceano One/ Oceano Advisors
Nov 2015 – Mar 2019 . 3 yrs 5 mos
Zurich Area, Switzerland
Director Institutional Customer
Muzinich & Co
Oct 2010 – Jul 2011 . 10 mos
Marketing Director
Ashenden Finances SA
Jan 2009 – Sep 2010 . 1 yr 9 mos
Senior VP
Prodis Advisors SA
Jan 2007 – Dec 2008 . 2 yr
Sales Executive
NeoNet Securities
Jul 2004 – Dec 2006 . 2 yr 6 mos
FRANÇOIS LAMBERCY
MANDATE
Director
TME MANAGEMENT LTD, à Niévès, succursale de Crissier
Since 02/ 13/ 2019
Executive Director
Alston Capital Sàrl
Since 03/ 10/ 2017
Individual Board Member
Les Investisseurs Immobiliers Vaudois SA
Since 11/ 11/ 2013
Individual Board Member
Park Capital SA
Since 13/ 09/ 2013
Individual Board Member
Parkdale Investments SA
Since 09/ 04 /2013
Shareholder, Executive Director
Rent Invest Sàrl
Since 17/ 08/ 2010
Individual Board Member
Aero Tell SA
Since 07/ 06/ 2010
Individual Board Member
Fly Müller SA
Since 07/ 06/ 2010
Director
Parthena SA
Since 03/ 07/ 2008
STEVEN MOSES
MANDATE