High Water Mark

For allocators

Source pre-verified trader talent

High Water Mark scouts profitable traders, verifies their track records privately, and introduces the ones that fit your mandate. You receive a curated pipeline of qualified talent: filtered, downside-aware, and ready to underwrite.

Gated and by request · Curated to your mandate · Quality over quantity

Structures we support

Back a verified trader on your terms.

Traders enter the dealflow at the level that fits them, from a managed account to a seeded mandate. You engage through the structure that fits your risk and your program.

Managed accounts / SMA

The trader runs capital in a separately managed account under a limited power of attorney. You hold the assets, keep custody, and can pull the mandate at any time. The lightest way to back a verified trader.

First-loss capital

The trader posts a layer of their own capital that absorbs initial losses before yours is touched, in exchange for a larger share of the upside. A downside-aware structure that aligns incentives from the first dollar.

Emerging-manager programs

Seed or anchor a manager early, often with a revenue share or founders-class economics, and grow with them as the track record compounds. Built for allocators who want to own the relationship before the crowd arrives.

Read more on first-loss capital and emerging-manager programs, or see how the whole process runs in how it works.

What you receive

Verified metrics, screened candidates, private books.

The job of a dealflow is to save you time. Ours is built to surface the few traders worth a conversation and to give you what you need to assess them, without exposing anything that would make a serious trader walk away.

A filtered dealflow, not a directory

Every trader has been screened on real-money performance over a meaningful period. You see candidates that fit your mandate. Not a public leaderboard, not a firehose of applications.

Verified performance metrics

Returns, drawdown, volatility, time in market and consistency, drawn from an independently verified record. Enough to underwrite the risk, sourced from statements you can trust.

Verified metrics, not the raw book

We share verified metrics first, not the trader’s book or edge. Deeper detail comes only if you both decide to go further. A curated, discreet dealflow is what brings good traders in.

How access works

Gated, by request, curated to your mandate.

Access to the dealflow is not open. We work with first-loss desks, emerging-manager programs, family offices and managed-account providers, and we match candidates to the mandate you describe: strategy, instruments, capacity, risk limits and timeline.

We favor quality over quantity. A short list of traders who genuinely fit is worth more than a long one that doesn’t, so we introduce fewer, better-matched candidates and let you set the pace. There is no obligation to allocate, and the trader’s strategy stays private until you both choose to take it further.

See how the process works →

Tell us your mandate. We will curate the dealflow to it.

Request access and describe what you are looking to allocate. We will introduce verified traders that fit, and only those.