Friday, 22 August 2014
Last updated 5 hours ago
Mar 19 2010 | 9:09am ET
A new hedge fund is taking a Bible verse to heart. C3:23 Capital debuted in January with $2 million.
The long/short equity fund was founded by Trevor Chase Brown, an Atlanta investor who told HedgeFund.net that he’s been managing his own money for 10 years. Brown also claims a four-year audited track record.
Brown said the fund is sector-agnostic, with one exception: The newly-minted hedgie said he tends to avoid technology names.
The fund, which is “100% long 90% of the time,” according to Brown, is named for Colossians 3:23, which reads, “Work at everything you do with all your heart.”
C3:23 charges 2% for management and 20% for performance, and has a $500,000 minimum investment. ConvergEx Group's NorthPoint Trading Partners serves as prime broker.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note