Investment Approach
1. Foundations
Harvestone Capital Partners invests across global soft commodity derivatives.
While we do not operate on physical markets, our process is grounded in their underlying dynamics.
2. Information
Market information is incomplete and discontinuous. Our framework seeks to convert uncertainty into probabilistic risk.
A significant share of information is derived from options-implied distributions and market structure.
3. Market Representation
Markets are not treated as point forecasts, but as evolving distributions.
The investment edge lies in identifying where these distributions are mispriced across time, space and volatility.
4. Dynamic Process
As markets evolve, positions are dynamically adjusted in response to changes in both fundamentals and implied distributions.
5. Leadership
Investment decisions are led by Gregory Merran, Co-Founder, CEO and CIO.
He brings over 20 years of experience in derivatives trading and portfolio management, developed across a leading global trading house and top-tier investment banks.
He brings over 20 years of experience in derivatives trading and portfolio management, developed across a leading global trading house and top-tier investment banks.
"Our objective is not to predict markets, but to position portfolios where the distribution of outcomes is mispriced."
