# Attunga Capital

Attunga Capital is an Asset Manager based in Sydney, New South Wales, Australia.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Sydney, New South Wales, Australia
- **Region:** Oceania
- **Address:** Sydney, Australia
- **Founded:** 2004
- **Assets under management:** Undisclosed
- **Website:** attungacapital.com.au

## Regulatory record

- **CRD number:** 326266
- **SEC file number:** 802-127969
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/326266

## About

Attunga Capital Pty Ltd is an exempt reporting adviser in Sydney, New South Wales, established in 2023.

## Sectors

- Hedge Funds
- Secondaries & Special Situations

## People

- Simon Shields — Chief Investment Officer

## Questions

### Who ran investment decisions at Attunga Capital?

Simon Shields was the Chief Investment Officer and portfolio manager from the firm's 2004 launch through its 2012 closure. He built the investment strategy around his prior experience running equity derivatives desks at Deutsche Bank and Merrill Lynch. Day-to-day trading and structuring were handled by a compact team that included Matthew Cooke and Craig Mowll.

### What investment strategy did the Attunga Fund pursue?

The fund focused on volatility arbitrage, trading equity derivatives, convertible bonds, and structured credit instruments. It took long-volatility and relative-value positions, aiming for returns uncorrelated with Australian and Asian equity benchmarks. The strategy combined fundamental derivatives structuring with event-driven convertible arbitrage.

### Why did Attunga Capital close?

Attunga Capital closed the Attunga Fund and returned capital to investors in July 2012. The firm cited a deteriorating opportunity set for volatility strategies and the structural challenges facing boutique fund managers. The wind-down was a voluntary return of capital rather than a forced liquidation.

### Is Attunga Capital still operating?

No. Attunga Capital ceased investment operations in 2012. Founder Simon Shields moved to a family-office role at Tulla Group after winding down the firm. The Attunga Capital entity no longer manages external capital.

### What was Attunga Capital's geographic focus?

The firm traded primarily in Australian exchange-traded equity derivatives and convertible bonds, with opportunistic positions in Hong Kong, Japan, and Singapore. Its investment mandate covered developed Asia-Pacific markets with a core concentration in Sydney-listed instruments.

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- [Pitango Venture Partners](https://altss.com/profile/pitango-venture-partners-2004-ltd)
- [Viola Credit Partners](https://altss.com/profile/viola-credit-partners-management-limited-partnership)

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Last updated: 2026-08-14T12:30:00.000Z

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