Hedge Fund | New Wave Capital

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 $1,000 top pitch prize.

Quant/Derivatives

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

Active (Technology)

Actively managed strategies focused on innovative sectors, tech trends, and high-conviction equities that drive modern disruption.

Credit

Analyzing debt instruments, assessing risk and return, and formulating investment strategies to optimize the fund's credit portfolio.

Value Investing (Long/Short)

identifying undervalued stocks to go long on and overvalued stocks to short, using fundamental analysis to capitalize on price discrepancies and generate alpha.

Private Markets

Sourcing, evaluating, and managing investments in private equity, venture capital, and private debt, with a focus on long-term value creation and illiquid asset strategies.

Commodities

analyzing supply and demand dynamics to invest in physical assets like oil, gold, and agricultural products, using strategies to profit from price fluctuations in global markets.

Digital Assets

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

$1,000 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 $1,000 and earns semester-wide recognition.