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Universa Investments - Wikipedia

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Universa Investments ("Universa") is an American investment management firm headquartered in Miami, Florida. It is known as a Black Swan fund that focuses on risk mitigation to protect investors from sharp market downturns.[3][4][5][6][7][8][9] Universa Investments was founded in January 2007 by Mark Spitznagel with Nassim Nicholas Taleb acting as its advisor.[4][5][7][8] The two of them previously ran Empirica Capital, a hedge fund that closed in 2004 due to subpar returns.[4][6][8] Universa was launched with $300 million under management and traded out of a small office in Santa Monica, California.[4][5] Software programs were developed to search the options markets for deals.[5] Universa and Empirica followed the Black swan theory which was about unexpected extreme events that have significant impact on the world and the financial markets.[4][5][6][7][8][9] The strategy would be to buy out-of-the-money put options at low prices during periods the financial markets are good to protec

Universa Investments - Wikipedia Jump to content From Wikipedia, the free encyclopedia American investment firm [[Nassim Nicholas Taleb]] (Scientific Advisor)"},"hq_location":{"wt":"[[Miami]], [[Florida]], [[U.S.]]"},"products":{"wt":"[[Hedge funds]]<br>[[Alternative investments]]"},"aum":{"wt":"[[US$]]19.1&nbsp;billion (June 30, 2022)<ref name=\"PIO\">{{Cite web |date=September 13, 2022 |title=Managers see growth in year ended June 30 |url=https://www.pionline.com/largest-hedge-funds/largest-hedge-fund-managers-see-growth-pensions-investments-2022-survey-shows |website=Pensions & Investments

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