Plainfield, Illinois-based boutique asset management firm Athena Capital Partners has recently opened its doors and unveiled its first trading platform, the Trend and Mean Reversion Systematic Commodities Program.
According to the commodity trading adviser, the program aims to detect and profit from the presence of trend and/or mean reversion characteristics in commodities futures markets, and its objective is to generate 15-20% (net) annualized returns with an annual volatility of 10-15%. The program—which is aimed at sophisticated investors—will focus on trading energy, agriculture, livestock, industrial metals and precious metals.
Principals of the firm include Perry Jonkheer, who serves as both chief investment officer and chief executive officer, and Robert Dubuque, who serves as vice president of business development and sales. Julian Jones serves as a portfolio manager.
The program, which has a $250,000 minimum investment requirement, charges a 2% management fee and a 20% performance fee, with a high water mark.