London, 30 May 2022: Falcon Investment Management announced today its partnership with Lumos Fund, who will be joining Falcon’s fund management platform. Launched in April 2021, Lumos has rapidly grown, managing $300 million across the fund & SMAs, and established itself as a top contender with its recent ‘NEW FUND OF THE YEAR’ nomination at the EuroHedge Awards.
Falcon’s multi-manager fund platform supports independent investment managers in all stages of their growth from inception to scale. The platform is tailored to create independent and specialised portfolios under its Cayman SPC fund structure, while delivering institutional level infrastructure and partnering with tier one service providers. Providing access to full compliance and risk monitoring services, the platform offers a full turnkey solution to investors and investment managers alike.
Benny Menashe, CEO of Falcon, commented, “We are delighted to be partnering with Roey and his team. The 4Cast strategy is an intraday strategy bringing a new dynamic to our platform and expanding our current offering. The Lumos Fund brings performance excellence and underlines our success in building relationships with new and diverse teams. We are constantly looking at options to continue to deliver service and product excellence and Lumos is very much a part of that strategy for us.”
The Lumos Fund employs the 4Cast strategy, a mid-frequency intraday momentum strategy trading futures on leading indices in the US, UK, Europe and Asia. The trading strategy is executed via a fully automated proprietary system and mid frequency execution with minimal market impact and no sensitivity to latency. 4Cast is built by FinYX, a quant technology development company. Experts is algorithmic trading, the firm’s trading strategies feature advanced predictive abilities, learning behaviour mechanisms, AI and machine learning.
Roey Kosover, Managing Director of Lumos Fund commented, “Falcon Investment Management provides the exact approach to investment management we were looking for to host our fund. Technologically advanced and with a great track record, we are confident the relationship between Lumos and Falcon will be a successful one.”
Press contact: Kate Horne, Lacewing Media