The new stock research house, Symbit Capital, has opened its doors in Zug. The firm officially entered markets on 1 July, and simultaneously launched its first AI-native hedge fund, the Symbit Global Equity L/S Fund.

The boutique operates at the intersection of deep fundamental discretionary research and bespoke AI models to deliver differentiated investment views. Its tech is a proprietary AI system built on a fundamental long-term process that generated billion-dollar-scale profits at Norway’s sovereign wealth fund.

Symbit Capital said it plans to offer a range of investment strategies, including absolute-return long/short, long-only, portable alpha, and customised mandates. Its target clients include private banks, asset and wealth managers, family offices, sovereign wealth funds, pension funds and funds of funds.

The firm was co-founded by the Norwegian bankers Trym Steinset Torvund and Marius Skrondal, who moved from New York to Switzerland to launch the company. Former GAM Investment Management CEO Tristan Brenner and investment professional Alex Ring later joined the firm as partners. Torvund and Skrondal both previously served as portfolio managers at Norges Bank Investment Management's New York office, where Torvund worked on the Norwegian Sovereign Fund from 2016 until 2025.

The founders said they chose Zug for its regulatory stability, favourable fiscal environment and strong heritage in asset and wealth management. They also highlighted the region’s access to technology and financial expertise through the Greater Zurich Area, which they described as the «Silicon Valley of Europe».

AI-Native Hedge Fund

The Symbit Global Equity L/S Fund is a global equity long/short strategy for professional investors only. The strategy targets a broadly market-neutral exposure with gross leverage of around 200% and a concentrated portfolio of approximately 10 to 15 core long positions complemented by a larger short book. The alternative investment fund (AIF) has been registered for pre-marketing across several EU and EEA jurisdictions and will also rely on the UK's private placement regime following launch.

The firm, which is currently composed of four members, says it plans to hire one or two additional investment professionals over the next year to expand its research capabilities.

Commenting on the launch in a LinkedIn post Skrondal wrote, «Investment edge will increasingly depend on information bandwidth. That’s why Trym and I spent the last year engineering an AI system around our investment philosophy. By evaluating companies against our proven blueprints for business models, execution, and sentiment, we distill a month of fundamental research into a single day.

Business feels highly personal here in Switzerland, and we’ve enjoyed incredible support from the teams at Morgan Stanley, Bank of America, and Google.»