Alexandra Investment Management, LLC (AIM) is an employee owned hedge fund sponsor.

The firm primarily provides its services to pooled investment vehicles. It invests in the public equity, fixed income, and hedging markets across the globe. The firm uses a fundamental and a quantitative analysis to create its portfolios. It employs arbitrage strategy to create its portfolios. The firm was formerly known as Hermes Capital Management, Ltd. Alexandra Investment Management was founded in 1993 and is based in New York City.