Heavily leveraged, only taking positions when a large reward:risk bias skew perceived. Exit quickly after the easy money has been made but press the great moves if out-sized returns are probable via statistically (seemingly) improbable continuation.
Hedge fund portfolio management, financial markets, IPOs & business strategy. Active trader, trading mostly US equity mkt, following syndicate calendar for IPOs & deals. Pattern recognition human. Frenchman. Active in markets for more than 15 years.
Renaissance Capital provides pre-IPO research and global IPO market analytics to institutional investors. The firm manages portfolios of unseasoned equities through the Renaissance IPO ETF (IPO) and the Renaissance International IPO ETF (IPOS).