Bandon Capital Launches Long-Short Strategy Aimed At Retail Investors

Jun 9 2010 | 8:24am ET

Portland, Ore.-based Bandon Capital Management has launched a long-short equity strategy aimed at retail investors.

The strategy—Bandon Hedged Equity—seeks to provide exposure to domestic equity markets while at the same time hedging against a decline in the markets.

“As we reviewed the products available to non-accredited investors, we realized there was an opportunity to create a high-quality hedged equity strategy based on institutional alternative investment manager research, that could combine the benefits of a low minimum investment, daily liquidity, full transparency, and 1099 tax reporting without the issues associated with typical alternative investment partnerships," said Bill Woodruff, founder and president of the alternative investment firm.

Like the firm's previous offering—the Directional Interest Rate Strategy—the Hedged Equity strategy targets the mass affluent and small institutional investors, and is offered as a separately managed account, a unified managed account or in sub-advisory relationships. The minimum investment is $50,000.

“There were natural reasons to create the strategy but the launch could not be more timely based on market conditions as well as investor and advisor demand for tactical strategies," said Woodruff. "We’ve been managing accounts in this strategy since November of last year and our returns year-to-date through the end of May have been positive, 8.03% versus -2.31% for the S&P 500." 


In Depth

High Time For A Cannabis Hedge Fund?

Sep 30 2014 | 7:07am ET

Launching a hedge fund is always a gamble, but Leslie Bocskor's decision to launch...

Lifestyle

Griffin Donates $1M To Rauner's Illinois Gov. Campaign

Sep 22 2014 | 9:29am ET

Hedge fund billionaire Kenneth Griffin definitely has a dog in this fight. The Citadel...

Guest Contributor

Appraisal Ratio Key To Evaluating Hedge Funds And Other New Investments

Sep 29 2014 | 3:07pm ET

As a former finance professor Peter Hecht experiences heartburn every time he hears...

 

Videos

Editor's Note

    Must Attend Hedge Fund Charity Events For October

    Sep 30 2014 | 9:29am ET

    The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…

 

Futures Magazine

September 2014 Cover

High frequency market making

High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.