Capital Fund Management

Investment decisions at CFM are led by a team of quantitative researchers and portfolio managers, overseen by CEO Marc Potters and Chairman Jean-Philippe Bouchaud. The firm's systematic models drive trading, with human oversight on parameter setting and risk limits. Bouchaud's academic background in statistical physics directly influences the research pipeline (public record).

CFM does not source private equity deal flow in the traditional sense — it is a systematic asset manager that trades liquid public securities. Proprietary edge comes from its internal research into statistical arbitrage, machine learning, and risk premia. The firm occasionally allocates to external hedge fund managers through its CFM Capital fund-of-funds platform.

CFM invests in liquid public markets only — equities, currencies, commodities, and fixed-income futures. It does not engage in private equity, venture capital, or real estate. The firm offers programs for trend-following, market-neutral equity, and tail-risk hedging across all major asset classes and geographies.

CFM avoids private markets, including venture capital, private equity, real estate, and infrastructure. Its mandate is limited to liquid, exchange-traded instruments. The firm also does not engage in direct lending or illiquid credit strategies.