Ex-Engineers Gate PM returns with liquid alts firm

Former Engineers Gate portfolio manager Sameer Parab is working alongside ex-William Blair executive Peter Carl on a liquid alternatives firm.

Auxano Capital began managing sub $50m in several separately managed accounts for FoHF’s earlier this year. The firm registered as a commodity pool operator with the NFA in April and could look to collapse the SMAs into a commingled fund once it hits a certain scale, HFM understands. Current service provider relationships are unknown.

The Chicago-based firm pursues a fundamental strategy with a long volatility profile. It invests in single equity options of Russell 1000 names and managed futures options including commodities, indices and currencies.