Nebula Research and Development provides investment advice to a private investment fund. They use equity statistical arbitrage strategies to generate portfolios with many positions across different timeframes. The firm develops its own software to analyze data and forecast price movements. Currently, they only invest in domestic publicly-traded equity securities.
Fee Structure
Nebula Research and Development's management fee is negotiated annually with the fund's general partner and paid monthly in advance. The firm is also entitled to receive an annual performance fee subject to a hurdle rate and high-water mark calculated based on net trading profits. Other fees and expenses will be borne by the portfolio, including a pro rata share of the fund’s administration fees and expenses as well as any transaction or investment fees or expenses related to the portfolio’s activities.