FNY Investment Advisers, LLC

FNY Investment Advisers primarily provides discretionary investment management to private pooled investment funds and to institutional separate accounts, operating under written advisory agreements. The firm acts as adviser and sub-adviser to multi‑strategy hedge funds and may allocate client capital to separately managed accounts and underlying pooled vehicles managed by third‑party managers.

The firm pursues multi‑strategy alternative investing across domestic and international equities, ETFs, options, futures, foreign exchange and commodity derivatives, and implements strategies such as long/short, event‑driven, macro, mean reversion and relative value. Investment decisions are driven by an investment committee framework and an ongoing qualitative and quantitative due diligence process that selects, allocates to and monitors both internal portfolio managers and external sub‑advisers with intraday risk oversight.

Compared with many peers, the firm actively selects and delegates material portions of portfolio implementation to other advisers and underlying managers, supported by a formal conflicts‑review process and information‑barrier policies. The firm also has notable commodity trading experience among senior personnel and commodity futures activity in its funds; one affiliated fund previously settled a CFTC matter related to a former portfolio manager’s spoofing, and the firm discloses related operational and supervisory controls while noting it and its principals are not registered as CPOs or CTAs.