X3 is a nimble, integrated multi-strategy hedge fund that blends systematic and discretionary discipline in the dynamic allocation of capital across one book to the best risk adjusted opportunities. We apply a volatility lens across the capital structure to find novel dislocations not yet ground down by other strategies. Founded by veterans with decades of experience at large firms, we are a deliberately small firm where the intellectual curiosity and capability of each team member has a tangible impact to outcomes every single day.