Joshua Piestrup

Delta Accumulation strives to build a portfolio with a risk profile intended to perform in appreciating, crisis, and dispersion markets. The firm manages investment portfolios with the belief that while options are generally overpriced against daily volatility, criteria exist where options are underpriced against other performance metrics. They primarily utilize US’ single name exchange traded equity options. Delta Accumulation generally uses a combination of systematic and discretionary management styles with these investments. Generally, the firm utilizes investments that are readily marketable.

Clarium Capital Management is a broadly opportunistic investment adviser that seeks superior long-term capital appreciation and pursues attractive absolute returns through high-conviction, directional investments across a wide range of asset classes. The firm generally seeks to express their views over a multi-year time horizon, with less emphasis on liquidity. While private equity investments, currently comprise substantially all of their clients’ portfolio investments, their strategy may at times involve the trading of public equities, futures contracts and other derivatives (including securities futures contracts), spot currencies, bonds and such other instruments. Clarium attempt to time trades by using various quantitative and qualitative market- and sentiment-based indicators. In general, the firm seeks to enter a trade when it is contrary to what most participants in the market believe and how they are positioned.