Sherman Oaks, Calif.-based Greenrush Capital Management this month launched the Cycle Fund-A program, a discretionary, globally-diversified futures program with a systematic overlay.
Andrew Klein, principal, said he uses a seasonal and counter-seasonal approach combined with specific pattern recognition to enter into trades. His trading decisions are determined by historical databases, technical analyses and volatility expectations. Typically, Kline’s positions are taken in intra-market and inter-market futures spreads in electronic exchanges.
The program charges a 2% management fee and 20% performance fee, with a $25,000 minimum investment requirement.
Prior to registering as a CTA in September 2006, Greenrush operated as an introducing broker. Previously, Klein served as an associated person with Los Angeles-based introducing broker Tiger Financial Group.
Genna GarverBy Genna Garver, John Brunjes, and Cheri Hoff of Bracewell & Giuliani -- On Oct. 27 the Private Fund Investment Advisers Registration Act of 2009 (H.R. 3818) moved one step closer to becoming law with the 67-1 approval of the U.S. House of Representatives Committee on Financial Services (the "Bill"). More...
Investors this week announced the formation of NewWorld Capital Group, a private equity firm that will invest in middle-market companies and related infrastructure projects in the cleantech sphere. More...