23 February 2023
Trium Capital, the multi-PM alternative asset manager, has appointed Deepak Baghla as co-portfolio manager of the Trium Alternative Growth Fund, an uncorrelated liquid alternative UCITS fund. Baghla will work alongside Toby Hayes, who has managed the strategy since its inception in September 2021.
Deepak has extensive portfolio management and trading experience, which includes positions at Morgan Stanley, Barclays, Millennium and Symmetry. He will work closely with Toby Hayes to build out Trium’s capability by designing and implementing bespoke uncorrelated systematic strategies within the Trium Alternative Growth Fund.
The Trium Alternative Growth Fund has had a strong run since its inception both in terms of positive absolute and relative performance. The fund has recently opened up its competitively priced Standard Class to investors, which has an OCF cap of 1%, having closed its Founders’ share class at c.$70m AUM
It also builds upon a busy period for Trium more widely. The firm has recently brought two new funds to market, with the Trium Epynt Macro Fund and the Trium Climate Impact Fund – its first Article-9 compliant fund – both launching in recent months. Alongside strong investment performance, Trium has also seen substantial growth in assets under management across its range of liquid alternative strategies, reflecting renewed demand from institutional and wholesale investors for alternative sources of diversification and returns.
Deepak Baghla, co-portfolio manager of the Trium Alternative Growth Fund, said: “I am excited to be joining Trium during this period of strong growth for the business and the liquid alternatives space more widely. I look forward to working closely with Toby Hayes to further strengthen the Alternative Growth Fund’s portfolio, which offers a unique approach to investing for our clients.”
Donald Pepper co-CEO at Trium Capital, said: “Deepak’s appointment further bolsters our outstanding management team and will take the Alternative Growth Fund to the next level at a time of growing demand for uncorrelated returns against a volatile background. We are confident that Toby and Deepak can build on the fund’s strong track record to continue to deliver compelling outcomes for institutional and wholesale investors at an attractive price. The hire continues an exciting period for Trium as we look to cement our status as a leader in hedge funds and liquid UCITS alternatives.