Seven Eight Capital

Seven Eight Capital

Quantitative hedge fund using statistical arbitrage

Overview

Seven Eight Capital is a hedge fund that uses quantitative trading and statistical arbitrage to profit from small price differences in financial markets. It builds and runs computer models and algorithms to analyze large data sets and execute trades quickly, targeting inefficiencies across stocks, bonds, and derivatives in the U.S. and Europe. The company serves institutional clients like family offices and other hedge funds, differentiating itself through a highly educated team (85%+ with advanced degrees) and founder Stephen Cash’s background in major banks and WorldQuant, which supports complex mathematical strategies. The goal is to generate consistent returns by exploiting market inefficiencies regardless of market conditions.

About Seven Eight Capital

Simplify's Rating
Why Seven Eight Capital is rated
D-
Rated D+ on Competitive Edge
Rated D- on Growth Potential
Rated D- on Differentiation

Industries

Quantitative Finance

Financial Services

Company Size

11-50

Company Stage

N/A

Total Funding

N/A

Headquarters

New York City, New York

Founded

2012

Simplify Jobs

Simplify's Take

What believers are saying

  • Machine learning optimizations cut strategy development costs by 40%.
  • European regulators relaxed stat arb restrictions in Q1 2026.
  • Quant fund allocations rose 23% year-over-year through 2025.

What critics are saying

  • Blackstone and CPP Investments redeemed capital, forcing wind-down.
  • AUM dropped from $500M peak to $0 per latest 13F.
  • Schonfeld platform dependence ends, terminating primary revenue.

What makes Seven Eight Capital unique

  • Specializes in statistical arbitrage using advanced mathematical models.
  • Founded in 2012 by Carnegie Mellon computational finance alumni.
  • Led by Stephen Cash with experience at Lehman Brothers and WorldQuant.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health: Medical and dental insurance

4 weeks PTO

Modern office: snack/refreshment station, gaming area, gym and wellness rooms

Hybrid work policy

Biweekly lunch and learns

Company social and team-building events

Company News

MarketBeat
Dec 5th, 2024
Vestis Co. (NYSE:VSTS) Shares Sold by Redwood Investment Management LLC

Finally, Seven Eight Capital LP purchased a new stake in Vestis in the 2nd quarter worth approximately $1,627,000.

ETF Daily News
Sep 24th, 2024
Seven Eight Capital LP Invests $110,000 in Weibo Co. (NASDAQ:WB)

Seven Eight Capital LP invests $110,000 in Weibo Co. (NASDAQ:WB).

ETF Daily News
Sep 24th, 2024
Seven Eight Capital LP Makes New $224,000 Investment in Silicon Motion Technology Co. (NASDAQ:SIMO)

Seven Eight Capital LP makes new $224,000 investment in Silicon Motion Technology Co. (NASDAQ:SIMO).

ETF Daily News
Sep 24th, 2024
Seven Eight Capital LP Invests $252,000 in FirstEnergy Corp. (NYSE:FE)

Seven Eight Capital LP invests $252,000 in FirstEnergy Corp. (NYSE:FE).

ETF Daily News
Sep 24th, 2024
Seven Eight Capital LP Invests $246,000 in Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Seven Eight Capital LP invests $246,000 in Interactive Brokers Group, Inc. (NASDAQ:IBKR).

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for Seven Eight Capital right now.

Find jobs on Simplify and start your career today

We update Seven Eight Capital's jobs every few hours, so check again soon! Browse all jobs →