About Pyrite

Pyrite (noun): Iron sulfide mineral (FeS₂). Pale brass-yellow, metallic luster. Physically indistinguishable from gold to the untrained eye.

Common name: Fool's Gold.

We chose the name deliberately

For centuries, prospectors were deceived by pyrite. The surface was convincing. The difference only became apparent under analysis.
Hedge fund due diligence has the same problem.

Performance records look compelling. Strategies are described with precision. And yet the genuine, differentiated, risk-adjusted return is difficult to isolate. Most allocators work with the same information as everyone else - the same tearsheets, the same cap intro events, the same qualitative filters. The best-marketed strategy is not always the best strategy.

We built Pyrite to change that.

What we do

Pyrite Risk Experts is an institutional analytics platform for the hedge fund industry. We apply a rigorous framework deploying academic research, the latest innovative techniques, and billions of measures, to deliver a systematic, comparable picture of every strategy in our universe - from established funds to the emerging managers invisible to institutional allocators.

For allocators: genuine alpha identification, sourced from data rather than from introductions.

For portfolio managers: the ability to see your strategy the way allocators will - understand your exposures, differentiate your signal, construct your message.

Who we serve

Allocators: family offices, endowments, funds-of-funds, institutional investors, and high-net-worth individuals conducting due diligence on hedge funds and alternative strategies.

Fund managers : established hedge funds, emerging managers, portfolio managers at family offices and banks, and systematic strategy developers seeking to benchmark their strategy with the analytical standards applied by institutional allocators.