Tabula Capital is now trading as TabCap Investment Management, following the sale of the Tabula ETF business to Janus Henderson last year.

TabCap will continue to focus on active quantitative strategies in liquid credit.

The firm was founded in 2020 by chief executive David Peacock and chief investment officer John Weiss, and received independent FCA regulatory authorisation in November 2024.

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“This is an important move for TabCap in establishing ourselves as a leading independent credit manager now with three years’ track record,” said Peacock.

“I have worked together with John for over 25 years and, with our portfolio management team led by Danny White, we are building with a deep bench of expertise in trading CDS, credit indices, options, and tranches.

“TabCap will continue to build on those strengths.”

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Peacock and Weiss said that the firm has recently passed the key assets under management milestone of $500m (£397m) across its UCITS and hedge fund strategies.

“Following a successful 2024, we continue to be excited about opportunities in liquid credit for 2025,” said Weiss.

“Our investment strategies are designed to benefit from increased market volatility through a pick-up in volatility carry and inherent positive convexity.  Also, if credit markets remain range-bound, we expect continued returns driven by monetising the high carry and roll-down available in CDS indices.”

TabCap also announced that it has appointed Teresa Durso as managing director and chief operating officer. Durso joined the firm in late 2024, having previously held senior roles at Paulson & Co and Berry Street Capital.

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