Divine New Atlanta Hedge Fund Launches

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.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR