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

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

Agecroft Partners: Hedge Fund Industry Assets to increase $250B by Summer 2016

Aug 11 2015 | 11:29am ET

Assets will continue to flow into the hedge fund industry despite long-standing...

 

Editor's Note