Koch Industries Inc. has helped launch a new quantitative trading firm aimed at boosting investment returns at a time when markets are volatile.
The Stamford, Conn., based firm, Keebeck Alpha, is effectively running a hedge fund, using fundamental, technical and other signals from the market to buy and sell mostly global equities and futures contracts. Seeded by Koch Industries, it has raised $200 million since launching this month, though executives declined to say how much Koch invested.
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