Graham Capital Management is an alternative investment firm founded in 1994 and headquartered in Rowayton, Connecticut, with offices in New York City, West Palm Beach, and London. The firm manages approximately $20 billion in assets for a global client base that includes pensions, sovereign wealth funds, endowments, foundations, and investment advisors.
The firm operates through two complementary business lines: systematic trading, which employs quantitative methods to identify opportunities in global macro markets, and discretionary trading, where experienced portfolio managers apply judgement-based approaches to the same opportunity set. Graham has built a long track record as a trend-following manager, with strategies designed to generate uncorrelated returns across diverse market environments.
Risk management is central to Graham's operations. The firm conducts daily Risk Committee meetings and maintains real-time monitoring of risk at the portfolio, component strategy, and position level. Portfolio construction emphasises diversification by design and active risk management across positions. The firm invests substantial proprietary capital alongside clients, aligning its interests with those of its investors.
