Private capital.
Systematic conviction.
Imbali Capital is a hedge fund manager running a research-led systematic strategy. We use AI to widen our research, rigorous testing to decide what trades, and an independent risk layer, overseen by people, behind every decision.
Every idea must earn its place.
Models suggest. Evidence decides. Risk has the final word. Nothing reaches capital until it has survived years of history it was never trained on.
Notes from the lab.
Look-ahead bias: the quietest way to fool yourself
Most backtests that look too good are quietly using information that did not exist yet. How we keep every test honest about time.
Read →When a rule stops working
Every rule eventually meets a market it was not built for. How we watch for that moment, and what we do when it comes.
Read →How a rule earns capital
Walk-forward windows, placebo tests and full trading costs: the three hurdles every idea must clear before it trades.
Read →
Rooted in South Africa, built in the United States. Our research and execution run on TipSheet, the platform we designed and operate ourselves.