Capula Investment Management LLP (“Capula”) is a global fixed income specialist firm located in London with affiliated entities in Greenwich, Connecticut, Hong Kong and Tokyo. Co-founded in 2005 by Yan Huo, managing partner and CIO, the firm manages absolute return, enhanced fixed income and tail risk strategies. With approximately USD 11.2 billion of assets under management (as of 30 September 2015), Capula manages capital for a diversified investor base primarily comprised of sovereigns, institutions and financial intermediaries from North America, Europe, the Middle East and Asia Pacific. Institutional investors represent more than 80% of capital invested (as of 30 September 2015).