Established in the second quarter of 2021 by Michael Coleman, Taika Capital is a long/short equity hedge fund manager. The firm's investment strategy integrates quantitative and fundamental analysis throughout the investment process, primarily targeting mid and large-cap US equities and ADRs.
Michael Coleman, the Chief Investment Officer, CEO, and founding partner of Taika Capital, oversees all investment activities and serves as the lead portfolio manager for the firm's flagship equity long/short fund. Before founding Taika Capital, Michael amassed 13 years of buyside experience across various roles and firms. Most recently, he was a portfolio manager and lead tech analyst at PNC Capital Advisors, LLC, where he was a key member of the Large Cap Equity team managing over $7 billion in AUM across multiple strategies. At PCA, he launched and managed several multi-factor equity funds (PLEIX, PEWIX, PLIVX) and co-managed the highly-ranked PNC Balanced Fund. Michael also led the team’s quantitative investing efforts and covered the healthcare sector. Prior to PCA, he spent a year at Turner Investment Partners, LLC, focusing on growth equity, and worked on the options trading desk at Susquehanna International Group (SIG). Michael is known for his expertise in combining fundamental and quantitative analysis in stock selection and portfolio management, along with extensive management, leadership, and client-facing experience. He graduated as valedictorian from Drexel University.
Taika Capital manages discretionary assets under management (AUM) of $248,839,393 for five clients, as reported in their Form ADV from April 2024. Their latest 13F filing for Q1 2024 reported $194,185,247 in managed 13F securities with a top 10 holdings concentration of 42.95%. The firm's largest holding is Alphabet Inc. Class A, with 87,670 shares.
