Our Story

Anived Capital LLC is an investment manager created in May 2021 based out of Sharjah in the United Arab Emirates. Anived Capital emerged out of the family office of Mr. Sumit Shah after having received interest from outside investors to manage their money. The firm currently deploys two strategies which are discussed below. The firm currently manages approximately $100 million of capital.

Timeline of Evolution

2008
  • Sumit Shah created the family office under the names Ialpha and Anived to manage his family wealth
  • Sumit along with a team of [xx] investment professionals began with a focus on the Indian equity markets with a long-only fundamental investment strategy
2011
  • Having achieved a performance of [xx%] and receiving interest from outside investors, the family office obtained a PMS license and started managing money for outside investors in India
2016
  • In 2016, with the hire of Amit Lala, the family office diversified in to overseas investments with a primary focus on US equities
2020
  • In 2020, the family office hired Arka Bhattacharya to start developing quantitative and model-based strategies at the firm
2021
  • Having received outside investor interest in the quantitative investment and US long-only strategies, the family office created Anived Capital in order to start managing outside investor money
  • Launching Anived Alpha Equities Fund in June 2021, a market-neutral statistical arbitrage fund

Strategy

Market-Neutral Statistical Arbitrage Strategy

  • A long/short strategy with close to zero net market exposure that follows a systematic statistical arbitrage model
  • We identify pairs in similar industries whose stocks have historically had strong statistical relationships in how they trade. When those relationships divert from the long-term trend, our model generates a trading signal on the basis of which we put on a long-short position that attempts to monetize a mean reversion to the long-term trend
  • The strategy may be deployed in equities, commodities and ETFs
  • The strategy aims at all times to be dollar-neutral when the pair is initiated, thus ensuring minimal market exposure
  • Trading signals are completely generated by our proprietary statistical models which are followed by our traders. There is no discretionary trading
  • Due to the market neutral nature of this strategy, we will employ leverage. Our total exposure will not exceed 500% of the Net Asset Value of the strategy

Equity Long-Only Strategy

  • A long-only strategy that is based on identifying equity investment opportunities with strong medium- to long-term secular growth combined with high-quality business models and strong cash-flow generation capabilities
  • The strategy is driven by deep fundamental analysis of companies and industries of interest
  • Conducting through and disciplined valuation analysis on these opportunities to determine reasonable prices for entry and exit
  • This strategy will utilize a moderate level of leverage. Total exposure will not exceed 200% of the Net Asset Value of the strategy

Key Personnel

Sumit Shah

Sumit Shah is the founder and chief executive officer of Anived Capital, Anived Portfolio Managers and Renaissance Global Limited. Sumit founded Renaissance Global Limited in 1995. The company is in the business of design, manufacturing and distribution of Jewelry and reported revenues in 2019 of $370 million. RGL is publicly traded on Bombay Stock Exchange and the National Stock Exchange of India. Anived Portfolio Managers is a SEBI registered asset manager managing equities for investors. The fund has generated returns of 25% CAGR over the past 5 years. Sumit is actively involved in the Young President’s Organization. Along with 3 others, he founded the chapter in Mumbai called YPO Mumbai Connect. He has served on the board of the organization for three years.

Amit Lala

Amit has been Head of Investments at Anived Capital and its predecessor entity, Ialpha Investments since 2016 where he overseas the firm’s fundamental and quantitative strategies. Amit has over 13 years of experience in investment management and investment banking. Prior to joining Anived/IAlpha, he worked as a Research Analyst on the Equities and Convertible Bond trading desk at Credit Suisse in Hong Kong and has worked in investment banking in the US and UK. Amit has a Masters in Business Administration degree from the London Business School.

Arka Bhattacharya

Arka leads the development of quantitatively driven systematic strategies at Anived Capital and Ialpha Investments (the family office of Mr. Sumit Shah and predecessor of Anived Capital). Arka has five years of experience in US capital markets, banking and risk management. Prior to joining Anived/IAlpha, he was a Vice President at Citigroup and led the development of operational and credit risk models and also consulted for a few trading startups. Before that, he conducted research in Computer Science and also worked for trading firms and hedge funds in New York City, Boston and Stamford. Arka has a Masters in Computer Science from Columbia University and a Bachelors in Electrical Engineering from the National Institute of Technology, India.