Thursday, 2 October 2014
Last updated 21 sec ago
May 19 2011 | 2:26pm ET
Rocky Mountain hedge fund Implied Capital is going offshore.
The Boulder, Colo.-based firm has launched an offshore version of its flagship Volatility Risk Premium Fund, HFMWeek reports. The new fund targets U.S. tax-exempt investors and debuted earlier this month.
Implied Capital launched the onshore version of the fund last summer after building up a three-year track record. The liquid market-neutral strategy got its start with $10 million, although the firm, founded and managed by Florida State University finance professor James Doran, hoped to raise $100 million.
Like the onshore fund, the offshore fund will charge 2% for management and 20% for performance with a $1 million minimum investment requirement. But the offshore fund has easier liquidity terms, offering investors the opportunity to redeem monthly rather than quarterly.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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…
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...