Sava Capital LLC

Sava Capital LLC acts as a discretionary investment adviser to a sleeve of a privately pooled investment vehicle (the IMA) and may manage other private pooled vehicles offered to accredited U.S. and non‑U.S. investors in the future. Its services center on portfolio management for pooled vehicles, including discretionary trading authority and investor reporting.

The firm pursues systematic strategies with a primary focus on fixed income and commodities, investing in instruments such as U.S. and non‑U.S. futures contracts, foreign exchange, swaps, equity‑linked swaps and listed equities. Trading and allocation decisions are driven by quantitative analytical models and automated systems, with discretionary oversight for hedging, liquidity management and risk limits.

Noteworthy for a firm of this type, Sava’s strategies and instruments are consistent with commodity pool operator or trading‑advisor activity, reflecting significant use of futures and derivatives within pooled structures. The brochure also highlights operational features that distinguish the firm from many peers, including reliance on proprietary models and machine execution (and the associated model, systems and trade‑error risks), participation in soft‑dollar arrangements, and customary prime‑broker practices such as rehypothecation.