Updated:
Convexitas
Convexitas is an asset manager focused on tail-risk hedging through options-based strategies for institutional portfolios.
Convexitas
Convexitas was founded to address a structural gap in institutional portfolio construction: the chronic under-hedging of tail risk. The firm designs and implements options-based hedging programs for pension funds, endowments, foundations, and family offices seeking asymmetric protection against rare but severe market dislocations (per the firm's official communications). Its strategy centers on buying out-of-the-money put options and other derivatives that generate large positive returns during equity market crashes, funded by a small, ongoing allocation from the portfolio. Convexitas does not manage a discretionary long-only book—its entire mandate is liability-driven hedging and convexity. The firm typically structures these programs as separately managed accounts or as an overlay on existing equity exposure (per public record). The firm operates as an institutional boutique, typically with a small, specialized team of quantitative analysts and derivatives traders. No public disclosures indicate the number of professionals or office locations. Convexitas has not publicly reported AUM or a list of client commitments (per public record). Convexitas stands apart from traditional hedge funds or risk-parity managers because it does not seek to generate alpha or absolute return in normal markets. Its sole objective is to provide a large, non-correlated payout during tail events—making it a pure-play hedge rather than a return-seeking vehicle. This structural purity is rare among asset managers (per public record).
General information
Firm type
Asset Manager
Year founded
—
AUM
Undisclosed
Location
Region
—
Country
—
City
—
Corporate office
—
Frequently asked questions
What does Convexitas do that is different from a traditional hedge fund?
Convexitas does not seek to generate positive returns in normal markets. Its sole objective is to provide large, asymmetric payoffs during severe market downturns through options-based hedging. This makes it a pure-tail-risk solution rather than an absolute-return fund.
Who typically hires Convexitas?
Convexitas primarily works with institutional investors such as pension funds, endowments, foundations, and family offices that want to protect their equity exposure from extreme market moves without giving up upside in normal conditions.
Does Convexitas manage discretionary long-only assets?
No. Convexitas structures its mandates as overlay hedging programs or separately managed accounts. The firm does not manage a long-only equity book or take directional bets—it exclusively handles tail-risk strategies.
How does Convexitas generate returns?
The firm buys out-of-the-money put options and other derivatives that become highly valuable during equity market crashes. The cost of these options is typically funded by a small, ongoing allocation from the client's portfolio. During normal markets, the strategy incurs a steady, small cost; during crises, it generates large, convex payoffs.
Is Convexitas available to retail investors?
Convexitas is an institutional asset manager and does not offer products to retail investors. Its services are generally available only to qualified institutional buyers and accredited investors.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: