CaaS Capital is a leading global investment manager renowned for its integrated fundamental and quantitative investment approach. Established by Frank Fu, the firm's core expertise lies in equity capital market investments, with a dedicated commitment to fostering market efficiency and orderliness through liquidity provision. CaaS advocates that seizing investment opportunities during corporate events, like equity offerings, can yield robust and uncorrelated returns.
Frank Fu serves as the Chief Investment Officer of CaaS Capital Management. He started his career at Susquehanna International Group and later ascended to the position of Partner at Laurion Capital. Mr. Fu holds both a Master of Engineering Degree and a Bachelor of Science from Cornell University. Frank Fu, an engineer who transitioned into a hedge fund manager, established CaaS Capital Management with a specific focus on block trading, which remains one of the last strongholds of traditional Wall Street. In the firm's inaugural full year, Fu achieved an astounding 76% return.
CaaS Capital Management serves five clients and manages discretionary assets totaling $970,978,071, according to their Form ADV filed on March 2023. Their most recent 13F filing for the first quarter of 2024 indicates holdings of $1,362,945,589 in managed 13F securities, with a top 10 holdings concentration of 19.44%. Notably, the largest holding of CaaS Capital Management comprises 152,172 shares of SPDR S&P 500 ETF TRUST.