• Home
  • Strategy
  • Macro Hedging
  • Contact
  • More
    • Home
    • Strategy
    • Macro Hedging
    • Contact
  • Home
  • Strategy
  • Macro Hedging
  • Contact

05 Capital adopts a macro-driven, multi-asset approach to long-only public equity investing, grounded in the conviction that macroeconomic forces increasingly shape broad market movements.  We complement our equity exposures with targeted macro hedges to enhance downside resilience, while remaining aligned with long-term thematic views.

Macro-Centric

Quantitative Intelligence

Multi-Asset Capability

We believe that increasing cross-asset volatility driven by global macro developments makes a macro-centric investment philosophy not only relevant but essential


Understanding and navigating these forces is core to how we invest

Multi-Asset Capability

Quantitative Intelligence

Multi-Asset Capability

Rather than broadly reducing equity exposure, we take a more nuanced approach by hedging against macro-outcomes


This enables us to preserve upside potential while managing risk more precisely 

Fundamental Dynamism

Quantitative Intelligence

Quantitative Intelligence

We are factor-, sector-, and style-agnostic, focusing instead on generating superior returns based on the prevailing macro environment


Our approach allows for dynamic repositioning to align with shifting market conditions

Quantitative Intelligence

Quantitative Intelligence

Quantitative Intelligence

In a world increasingly shaped by passive and algorithmic investing, and the rise of multi-manager platforms, we believe that quantitative awareness is crucial


We incorporate this perspective into our process while maintaining a fundamental investment core. 

Proactive Risk Management

Proactive Risk Management

Proactive Risk Management

We prioritize proactive macro-hedging to mitigate the risk of adverse macro events that could impact our equity portfolio


Our risk management framework is designed to protect capital without diluting our thematic convictions

Proactive Risk Management

Proactive Risk Management

More about the strategy

The Miracle of Istanbul - Why the Name?

Liverpool's legendary comeback against AC Milan in the 2005 UEFA Champions League Final—held at the Atatürk Olympic Stadium in Istanbul—remains one of the most iconic moments in sports history. 


Overwhelming favorites, AC Milan of Italy, surged to a commanding 3–0 lead by halftime, with goals from captain Paolo Maldini and a brace from Hernán Crespo.  In an astonishing six-minute burst during the second half, Liverpool responded with three goals to level the match.  The drama extended into extra time and was ultimately decided by a penalty shootout, which Liverpool won—cementing the game’s legacy as The Miracle of Istanbul.


05 Capital takes its name from this extraordinary final, played on 05/25/05.  It serves not only as a tribute to that date but also as a reflection of the values the match embodied: 

  • Resilience in the face of overwhelming odds, 
  • Belief under pressure, and a 
  • Commitment to those who place their trust in us


We see this spirit as foundational to how we work—with conviction, humility, and a determination to deliver, no matter the challenge.

The 05 Capital Absolute Return Fund

The 05 Capital Absolute Return Fund employs a macro-focused investment strategy, aiming to deliver superior long-term returns through a concentrated portfolio of predominantly U.S.-listed public equities.  Investments are guided by macroeconomic conditions, evolving market themes, and company fundamentals.


The Fund complements its equity positions with macro and non-equity instruments, used to hedge portfolio-specific risks or express tactical macro views.

About Us

Jervis Bay, CFA

Jervis Bay brings over 15 years of experience in public equity investing and advisory across leading institutional platforms.


He is the Founder and Chief Investment Officer of 05 Capital Advisors LLC.  Prior to launching 05 Capital, Jervis served as Interim Chief Operating Officer of Invus Public Equities (IPE), the public equity arm of The Invus Group — a globally recognized single-family office investment platform.  At IPE, he also held dual roles as Head of Macro and Quantitative Research and Senior Investment Analyst, contributing to investment strategy and cross-asset research.


Before joining Invus in 2018, Jervis worked at The Capital Group, where he covered a range of global industries. He began his career in investment banking, primarily at Centerview Partners, before transitioning to the public markets.


Jervis earned his degrees in Commerce (Finance and Management) and Psychology from the University of Virginia, completing his studies in three years.   He is a CFA charterholder and lives in New York City with his wife, daughter, and their Pembroke Welsh Corgi.


  • Home
  • Strategy
  • Macro Hedging
  • Contact

 

The 05 Capital Absolute Return Fund is a sub-fund of 05 Capital VCC, an umbrella variable capital company (“VCC”) incorporated in the Republic of Singapore under the Variable Capital Companies Act 2018.  Gordian Capital Singapore Pte. Ltd. is the Monetary Authority of Singapore (MAS) licensed fund manager of the VCC and has appointed 05 Capital Advisors LLC as a sub-manager to the Fund with full discretionary investment authority.


05 Capital Advisors LLC is a limited liability company incorporated in the State of New York, USA, and is registered as an Exempt Reporting Adviser with the U.S. Securities and Exchange Commission (SEC).


No material on this website constitutes an offer to sell, or solicitation to buy, any securities.  Nothing contained herein should be construed as investment advice.  

This website uses cookies

We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.

Accept