Hedge Fund Strategy Desks

New Wave Capital simulates the real-world structure of an elite hedge fund. Members are placed into desks and compete for a $500 top pitch prize.

Quantitative

Quantitative Investing

Statistical modeling, backtesting, and signal-based trading using data and code.

Macro

Macroeconomic & Policy

Interest rates, global policy, and macro catalysts that drive market-wide movement.

Long/Short

Long/Short Equity

Fundamental and technical theses that capitalize on valuation inefficiencies.

Private Equity

Private Equity & Arbitrage

Deal modeling, business due diligence, and special situation investing.

Derivatives

Derivatives

Options, futures, and structured bets on volatility, interest rates, and risk.

Wildcard

Wildcard

Unconventional ideas—from crypto to sports analytics—that aim to deliver alpha.

$500 Pitch Competition

Each desk competes to deliver the strongest investment thesis of the semester. Every pitch must include a clear return profile and a well-thought-out hedge strategy.

A portfolio committee of experienced members ensures desk diversification and simulates capital allocation across sectors.

Any asset class, strategy, or creative pitch is welcome. We value innovation, bold ideas, and rigorous thinking.

The ultimate goal: beat the S&P 500. The best pitch wins $500 and earns semester-wide recognition.

Contact Us

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