Sep. 12 at 12:40 AM
$ORCL $PATH $XOS — thank you. That’s actually the first legitimate question you’ve asked.
We operate two separate entities. The first is our private investment fund, currently managing just under
$10 million in AUM. It operates as a private fund under Reg D 506(c) and is intended for accredited investors.
Seven01 was created for a different audience: people who are not accredited investors but still want access to the trading strategies and methodology behind the returns we’ve generated since 2007.
This is a business for us, not a hobby. We have a staff of 15 and real operating overhead. I’d genuinely be open to exchanging ideas as well. One area where we are not particularly strong is options, because our core strategies have always been built around pre-market trading and short-duration equity setups.
That is also one of the reasons our AUM remains relatively modest. Our strategies are highly dependent on liquidity and execution. At a certain size, gets difficult.