Monday, 1 September 2014
Last updated 3 days ago
Feb 1 2007 | 12:30pm ET
New York-based Traunche Capital Advisors has launched its first hedge fund.
The Traunche Global Micro Fund began trading last night on the Hong Kong market, according to founder Evan Vaughn, with $7 million in initial capital. The firm’s plans for the new fund were first reported in FINalternatives (Dec. 7, 2006).
Vaughn says that while the fund is primarily a global long/short offering, he also uses currencies and options. “It focuses on generally smaller- and mid-cap equities, using a top-down approach where there’s a macroeconomic inefficiency in the market,” he says.
The fund charges a 1.5% management fee and 20% performance fee, with a $250,000 minimum investment requirement.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...