Sigma Advanced Capital Management is a Commodity Trading Advisor registered with the Commodity Futures Trading Commission (CFTC) and a Member of the National Futures Association (NFA).
Sigma Advanced specializes in commodity and carbon emission markets, seeking absolute returns across all economic cycles and market environments. It also seeks a positive climate and social impact by supporting projects aligned with the Sustainability Goals ( SDGs) of 2030.
The company follows a Quant-Mental Investment process in futures, relative value, and calendar spread strategies, combining quantitative techniques such as statistical modeling, machine learning, natural language processing with discretionary and fundamental analysis.
Sigma Advanced Capital Management currently manages two programs:
1. The Global Advanced Futures and Spread Program (GAFS) - (QEP only): An absolute return program focusing on a risk-adjusted balanced portfolio of commodity calendar spreads, relative value strategies, and outright futures.
2. Carbon Alpha Neutral Program (CNA) - (QEP Only): An Absolute return program focusing 100% on sustainable finance instruments including carbon emission futures.
The manager deploys a Quant-mental Investment Process combining quantitative techniques like statistical modeling, machine learning, and natural language processing (NLP) with discretionary and fundamental analysis.
Sigma Advanced Capital Management LLC believes that responsible businesses need to be thoughtful, aware, and willing to act. The Carbon Neutral Alpha program seeks to have a climate impact by supporting environmental initiatives by using a percentage of management and performance fees to support REDD+ approved projects in the Amazon aligned with the 2030 Sustainable Development Goals (SDGs).
Carlos Arcila Barrera, CFA, CAIA is the founder and Portfolio Manager. Mr. Arcila, a Colombian national, has extensive experience in derivatives trading and risk modeling across a wide range of commodity and carbon emission markets, specializing in futures and spread strategies. He is the Adjunct Professor of Finance at Universidad de Los Andes and Associate Researcher for The Center of Sustainable Finance.
During his career, he worked as an Energy Risk Associate for Optima Consultores S.A.S., setting up and managing the electricity risk program, developing hedging and trading strategies in electricity futures for Latin American companies. He was an investment analyst for the Universidad de Los Andes Endowment and worked for a prominent CTA in Chicago from 2014-2016.
Carlos holds an MSc. in Finance from the University of Notre Dame (Magna cum Laude) and B.S in Business Administration from Universidad de Los Andes; he is a member of the International Association for Quantitative Finance (IAQF), and the American Finance Association (AFA), Carlos is a CFA Charterholder, CAIA Charterholder, GARP Sustainable and Climate Change Risk (SCR) Charterholder and hold the Series 3 license.