Monday, 3 August 2015
Last updated 2 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…