Launching Fixed-Income TradFi [low-cap.]: Target launch (6 markets + new int’ls) of initially >$3M capacity low-capacity (DISCLOSURE: TBA date next quarter) with >500 comb. names. With add. strat customizations, freq & vol targeting, > 7.5k names; anticipate scaling to $7-10M capacity, targeting 20 sortino across 6 FI markets. Low-freq. to mid-HF, port./mod., high sort., min. MDD Stat-Arb Strats).