Tuesday, 5 May 2015
Last updated 10 hours ago
Feb 12 2010 | 1:22am ET
Newly-founded commodities hedge fund shop Nautical Capital Management has launched a series of absolute-return strategies, with plans to list a pair of exchange-traded hedge funds in the second quarter.
The Purchase, N.Y.-based firm was founded last year and has been managing partner capital since December. The firm this week announced the launch of its systematic and discretionary absolute return commodity strategies, as well as enhanced index strategies.
Meanwhile, the firm is readying its systematic ETFs, one of which will trade crude oil and the other natural gas.
Nautical has already won a $20 million commitment for the ETFs. It is marketing its newly-launched commodity funds to funds of funds, family offices, institutional investors and endowments.
David Henritze, CEO of Nautical Capital Management, said, “Our robust product suite allows institutional investors one stop shopping if they are interested in investing in this diverse asset class.”
Ryan Carrier, chief investment officer of Nautical Capital Management said, "Our strategies are positioned to benefit from specific and liquid inefficiencies in the marketplace which can translate into great opportunities for our clients.”
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…