From their website:
Strategery has several competitive advantages compared to other hedge funds.
- We have approximately as much in capital as all other hedge funds combined, so we can negotiate best-in-the-business terms with counterparties.
- We have an unlimited ability to raise more capital even in times of distress. Therefore the traditional limits to arbitrage (irrational return-chasing investors) does not apply.
- We have a close relationship with the federal courts so counterparties seeking to terminate a transaction with us face not only civil litigation costs and losses, but potential criminal liabilities.
- We are not limited to looking for opportunities with positive expected returns and so can cast a broader net across the investment universe, thus extending our efficient frontier beyond what other hedge funds can offer.