Tuesday, 28 April 2015
Last updated 16 hours ago
Jan 26 2007 | 3:39pm ET
Clearwater, Fla.-based Emory Capital Management’s Emory Partners LP fund ended 2006 up 10.83% with $100 million under management. The fund is a futures options arbitrage strategy based on the S&P 500.
“We’re seeking to find over-priced options and sell those at the same time buying under-priced options, and just that alone will make us about 10% if the market isn’t doing anything,” said Dustin Kicinski, Emory’s head trader. “We can do much better when there is volatility and the market is moving lower.”
The fund charges fees of 1/20 with a $250,000 minimum investment requirement. It is currently managing $100 million in assets. The firm was founded in 1993 by Darrell Malick.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…