Colo. Firm Offers Maiden Fund On Rocky Mountain High

Jul 15 2010 | 11:05am ET

A Colorado hedge fund has unveiled its maiden vehicle after building a nearly three-year track record.

Implied Capital opened its Volatility Risk Premium Fund to outside investors. The $10 million fund employs a market-neutral strategy and invests in liquid, exchange-traded options and futures, HFMWeek reports.

The Boulder-based firm is marketing the fund, which it launched with internal capital in late 2007, to family offices, endowments, foundations and funds of hedge funds. The fund has returned 11.98% this year, following an impressive 32.18% return last year.

Implied Capital hopes to raise $100 million for the Volatility Risk fund, which is also available through a managed account. The fund, managed by firm founder and Florida State University finance professor James Doran, has a $1 billion capacity.

The fund charges 2% for management and 20% for performance, with a $1 million minimum investment requirement. It features quarterly liquidity following a one-year lockup.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of