Caygan Capital

Caygan Capital operates as a multi-asset investment firm, offering hedge funds to institutional clients. Its core strategy balances 'Carry' and 'Convexity' across credit cycles, utilizing multidisciplinary research. This encompasses global macro, fundamentals, and quantitative analysis, plus robust risk management for complex financial instruments like AT1s and convertible bonds.

Naruhisa Nakagawa founded Caygan Capital as Chief Investment Officer. The firm emerged from a 2009 spin-off after he developed funds at GCI Asset Management. Inspired by the 'Caygan' philosophy of deep insight, Nakagawa's pedigree includes derivatives and fixed income trading at Merrill Lynch Japan and credit derivatives at Goldman Sachs Japan.

Caygan Capital primarily serves institutional clients: pensions, financial institutions, and endowments. Its vision, rooted in the "Caygan" philosophy, seeks profound investment insight. The firm commits to responsible investing, integrating environmental and social considerations, and is a signatory to the Principles for Responsible Investment.