Tabula Capital is now buying and selling as TabCap Funding Administration, following the sale of the Tabula ETF enterprise to Janus Henderson final 12 months.
TabCap will proceed to concentrate on lively quantitative methods in liquid credit score.
The agency was based in 2020 by chief government David Peacock and chief funding officer John Weiss, and acquired unbiased FCA regulatory authorisation in November 2024.
Learn extra: Janus Henderson CLO ETF surpasses $20bn of property
“This is a vital transfer for TabCap in establishing ourselves as a number one unbiased credit score supervisor now with three years’ monitor report,” stated Peacock.
“I’ve labored along with John for over 25 years and, with our portfolio administration staff led by Danny White, we’re constructing with a deep bench of experience in buying and selling CDS, credit score indices, choices, and tranches.
“TabCap will proceed to construct on these strengths.”
Learn extra: Janus Henderson launches AAA CLO ETF in Europe
Peacock and Weiss stated that the agency has lately handed the important thing property beneath administration milestone of $500m (£397m) throughout its UCITS and hedge fund methods.
“Following a profitable 2024, we proceed to be enthusiastic about alternatives in liquid credit score for 2025,” stated Weiss.
“Our funding methods are designed to learn from elevated market volatility by way of a pick-up in volatility carry and inherent optimistic convexity. Additionally, if credit score markets stay range-bound, we anticipate continued returns pushed by monetising the excessive carry and roll-down obtainable in CDS indices.”
TabCap additionally introduced that it has appointed Teresa Durso as managing director and chief working officer. Durso joined the agency in late 2024, having beforehand held senior roles at Paulson & Co and Berry Avenue Capital.
Learn extra: Credit score traders should adapt portfolios for Trump tariffs