ABOUT US

From our office in Southern California, we employ fundamental and algorithmic trading strategies in order to generate returns within a quantitatively informed risk management framework.  Our combination of quantitative finance and engineering fundamentals uniquely positions us to derive profits in electricity markets.  Harnessing the power of data—through theory and technology—we deploy capital efficiently and effectively.

 

After a successful run as a proprietary trading operation, we have opened our doors to outside capital. We are not your typical investment firm, however, as we strive to embody the following core values in work and life:

  • Humility - We know a lot but we don't pretend to know it all, and we're not afraid to admit mistakes or ask for help.

  • Hard Work - We are serious about our work and put in significant effort to succeed.

  • Healthy Lifestyle - We are also serious about work-life balance and maintaining overall health in order to produce and execute at our best.

  • Honor - We value our clients, our service providers, and each other.  We work for the team, not ourselves.

  • Healthy Conflict - We resolve conflict quickly, directly, and respectfully.

MEET OUR TEAM

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Dave Hicks is the Founder and CIO of Perast Capital.  Previously, he worked for five years as a quantitative analyst at Noble Americas Energy Solutions, a US electricity subsidiary of the global commodities trader Noble Group.  There he studied the wholesale electricity market and developed expertise in the eastern transmission grid, proposing trades and building trading tools.  He later started his own trading operation, where he has generated enviable returns through multiple strategies for five years.

Dave has bachelor’s and master’s degrees with honors in mechanical engineering from Texas A&M University and a Master of Financial Engineering degree from UC Berkeley’s Haas School of Business. His experience and education allow for the unique combination of electricity market fundamentals with quantitative finance theory.  In his spare time, he enjoys traveling and spending time outdoors with his wife and two boys.  He also competes in triathlons and is an IRONMAN finisher.

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James Ramsey has worked at Perast Capital Management for five years as head of investor relations, technology, and market affairs.  He develops software and IT infrastructure, using them to analyze the electricity markets.  Before joining Perast, he spent almost a decade in technical sales for technology companies, where he helped businesses adopt new programming languages and software/hardware platforms to improve efficiency.   Now, James is passionate about helping investors discover and adopt the unique opportunity found in electricity markets.  He received his bachelor’s degree in biomedical engineering from Texas A&M University, where he graduated with honors.  He enjoys playing soccer, exercising, and thinking about life’s ultimate questions.