Arcana

Do you know what's driving the risk and performance of the baskets you're trading? Join us for a practical, 30-minute teach-in on basket construction, analysis, and performance. We'll cover: - How to evaluate basket construction, composition, and thematic exposures - How to assess differences in holdings, factor exposures, and risk across baskets - How to distinguish factor-driven returns from idiosyncratic performance - A closer look at recent themes and the underlying drivers of basket performance

Honored to win "Best Analytics Tool" at With Intelligence / S&P Global's Hedge Fund Services Awards. This reflects the relentless focus of our exceptional team and the brilliant clients who push us every day. Arcana exists to build the technology vision that most investors have in their heads when they enter the industry. At their best, investors do this because there is something beautiful about pursuing truth and synthesizing everything in the world that matters. The full vision is still far from complete. But it is coming faster than many realize, and we view ourselves as constantly at day one of building toward that reality. Reach out at arcana.io if you’d like to learn more.

Great to speak with Brett Caughran at Fundamental Edge’s packed “AI in Investing Forum” alongside AlphaSense’s Jaakko (Jack) Kokko, Freestone Grove Partners’s Daniel Bookstaber, & Alexander Izydorczyk. Super interesting conversations about how firms are advancing the use of AI across research, decision making, and portfolio management. Connect to us at arcana.io if you’d like to discuss.

Matt Polyak spent a decade at Millennium, Balyasny, and Intrinsic Edge before launching Hummingbird Capital. As he built his own firm on the Hurricane Capital platform, he wanted that same institutional standard without the pain points of legacy systems. When you’ve invested at some of the world’s top multi-manager funds, you know what great portfolio infrastructure looks like. Arcana became an essential part of that infrastructure. Today, Hummingbird uses Arcana to understand portfolio exposures, analyze attribution and historical performance, and make better-informed portfolio decisions, all in real time and with the comprehensive information needed at their fingertips. We’re proud to work with Matt and the Hummingbird team, and to help bring elite portfolio intelligence to investment teams everywhere. Read Hummingbird Capital’s story at the link in the comments and reach out to us at arcana.io if you’d like to discuss.

He’s seen what great portfolio infrastructure looks like at Millennium and Balyasny. When Matt Polyak launched Hummingbird Capital on the Hurricane Capital platform, he wanted that same institutional standard—without the complexity of legacy systems. Arcana gave him a faster, more intuitive way to understand attribution, exposures, risk, and historical performance. See how Hummingbird Capital uses Arcana. Read the case study.

Arcana's AI-Native Research Platform is here. Finally, a single source of truth for all your firm’s research, financial models, meetings, and investment history. Powered by AI to answer investment questions, surface new insights, and accelerate analysis. - Frictionless capture - Research templates - Automated tagging - And more… Integrated with OneNote, Outlook, Obsidian, OneDrive, Excel, the Arcana API, and MCP-enabled proprietary systems. Find out why the world’s top hedge funds and allocators love Arcana. Get a demo today.