Firm and Locations

Founded by Robert Kehres, Marc-Antoine Chaudet, and Kevin Schneider, Petronius Capital is a proprietary trading firm operating in the realm of quantamental finance, specializing in the art of exploiting inefficiencies within the equity derivatives markets. With Petronius Capital's headquarters nestled in the prestigious Berkeley Square of Mayfair, London, the firm proudly boasts an additional office located in the eminent One IFC of Central, Hong Kong.

Founding Partners

The firm's partners now (initially a founding partnership between Robert Kehres and Marc-Antoine Chaudet, a seasoned convertible bond trader; ex-Citadel; ex-J.P. Morgan) encompasses hedge fund manager Robert Kehres and Cambridge postdoctoral researcher in Finance Kevin Schneider.

Robert Allen Kehres

Robert Kehres carries more than a decade of experience in entrepreneurship, hedge funds, male modeling, private equity, and quant trading. Robert read Physics and Computer Science at Cambridge (1st), Mathematics at Oxford (Distinction), and Statistics at LSE (Distinction). Cambridge bestowed Robert with a Master of Arts (Cantab) honorary degree. Robert is a CAIA, CFA, and FRM charterholder. In addition to Petronius Capital, Robert also founded special situations and statistical arbitrage hedge fund 18 Salisbury Capital (with Michael Gibson, Masanori Takaku, and Stephen Yuen), B2B enterprise F&B SaaS platform Dynamify (with Maxwell Harding), fantasy sports betting and gaming digital casino KOTH Gaming (with Kam Randhawa), and video-first productivity SaaS platform Yoho (with Olivier Verhage). Robert was formerly an investment professional at renewable energy private equity firm Photon Capital and a quant trader at J.P. Morgan in London. Robert began his career in convertible arbitrage and special situations aged 20 at multi-strategy hedge fund LIM Advisors, the longest continually operating hedge fund in Asia, providing strategic advisory to portfolio managers Luca Demichelis and Stephen Yuen on alpha generation. Robert is a member of Cadogan Place Gardens and the Oxford and Cambridge Club.

Kevin Benedict Schneider

Kevin Schneider holds a PhD in Finance and is also a Research Associate at Cambridge. Kevin completed his undergraduate and postgraduate studies in Mathematics and Quantitative Finance with numerous accolades, including topping his class and receiving top grades and awards for his Bachelor's and Master's theses. Previously, Kevin worked in Equity Derivatives Trading at HSBC, where he was involved with the creation, hedging, and sales of OTC structured products. Kevin advised both institutional and retail clients on derivatives portfolio management and developed, backtested, and evaluated quantitative trading strategies in various asset classes involving diverse trading strategies, including commodities, equities, FX, and their derivatives. At Cambridge, Kevin produces world-class research in asset pricing, particularly in equities and their derivatives. Kevin's research delves into robust predictive drivers of alpha through a quantamental lens, and Kevin has presented his findings on return predictability and macro-finance at prestigious international conferences, including those tailored for industry practitioners, most recently at Stanford University, earning him prestigious accolades. Kevin has mentored and trained Cambridge Master's students and has received excellent evaluations.

Petronius Arbiter

The firm draws its illustrious name from the revered Petronius Arbiter, a distinguished aristocrat esteemed at the opulent court of Emperor Nero. Bestowed with the epithet "arbiter elegantiarum," which translates to "the foremost authority on elegance," Petronius Arbiter was renowned not only for his refined taste but also for his literary prowess. Unfortunately, through circumstances shrouded in mystery, he incurred the wrath of Emperor Nero, leading to his tragic demise by his own hand. The inspiration behind Petronius Capital's namesake lies in the harmonious convergence of Petronius Arbiter's unparalleled expertise and the financial acumen demonstrated by the firm. Additionally, the inherent significance of the firm's chosen appellation is further enriched by its connection to the Latin term "arbiter," which eloquently encapsulates the essence of Petronius Capital’s modus operandi.

Press release written by Hedge Funds Club on 18 Salisbury Capital, when Robert Kehres became a hedge fund manager aged 30 and when Pan-Asian hedge fund veterans Michael Gibson, Masanori Takaku, and Stephen Yuen joined Robert: hedgefundsclub.com/archives/2384

Academic literature from Kevin Schneider from Cambridge with applications to equity derivatives trading fundamentally and quantitatively: sites.google.com/view/kevinschneider