WEST PALM BEACH, FL (HEDGECO.NET) – LucidQ Investment, Inc., a registered investment advisor based in Virginia, today announced the launch of the LucidQ Hedge Fund, L.P. Designed for accredited investors and qualified clients, the LucidQ Hedge Fund seeks to mitigate risk and deliver consistent, positive absolute returns primarily through long-term investments in U.S. equities. The strategy employed by the fund is the result of an innovative market theory and analytical models pioneered by LucidQ founder and portfolio manager Reginald Nosegbe.
The LucidQ Hedge Fund’s investments are selected based on a quantitative ranking model which predicts the relative attractiveness of U.S. equities. The strategy takes into consideration such characteristics as fundamental, quantitative and statistical analysis, and historical volatility. The portfolio manager seeks to identify stocks whose market valuation does not reflect the strong operational and financial performance demonstrated by the underlying company. This methodology combines a proprietary method for quantifying market sentiment, repeatable analytical processes, innovative fundamental analyses, mathematical analyses, and a disciplined systems and information engineering approach built based on more than a decade of research, innovation, and development.
“After years of extensive quantitative research it was clear that the existing theory of the market, and the discipline and practice of finance, have failed most investors dismally,” said Reginald Nosegbe, Founder and Portfolio Manager, LucidQ Investment, Inc. “Based on my theory of the market – The Theory of Free and Competitive Market Equilibrium – the LucidQ Hedge Fund is the first step towards our overarching goal to help transform the behavior and improve the performance of global equity capital markets.”
Prior to founding LucidQ, Reginald Nosegbe worked for PricewaterhouseCoopers (PwC) from 1997 to 2005 where he was most recently a Director in the firm’s Performance Improvement practice. During his tenure, Mr. Nosegbe participated in various assignments for key clients, including the International Monetary Fund, the Federal Reserve Bank of Richmond, the Municipal Securities Rulemaking Board, U. S. Department of Labor, the Pension Benefit Guaranty Corporation (PBGC) and Universal Music. Mr. Nosegbe holds a Bachelor of Science in Commerce (with a concentration in Accounting) and a Masters in Systems Engineering from the University of Virginia. Mr. Nosegbe has done graduate studies in Accounting, Tax, and Legal Dimensions of International Business and Investment Transactions in the United Kingdom, Belgium, and the Netherlands. He is a Certified Public Accountant (CPA) licensed to practice in the state of Virginia, the state of Maryland and the District of Columbia (Washington D.C.).
Mr. Nosegbe also has an extensive background performing humanitarian and social work. From 1991 to 1993, he worked with the United Nations High Commissioner for Refugees (UNHCR), where he played important roles in helping to respond to the refugee emergency of over 750,000 Liberian and Sierra Leonean refugees. Mr. Nosegbe has made a number of other contributions to the social sector, including helping to establish and serving as the president of a United Nations Educational and Scientific Organization (UNESCO) Club. His role included launching a bilingual library in the Forest Region of Guinea, coordinating projects for vulnerable women, and establishing an organization and activities for the disabled.
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