Tuesday, 26 May 2015
Last updated 3 days ago
May 11 2007 | 4:00pm ET
St. Thomas, British Virgin Islands-based Last Atlantis Capital Management has launched an offshore version of its onshore fund. The fund, Last Atlantis Partners SPC Ltd., will be the offshore feeder fund in a master-feeder structure.
The new vehicle allocates assets to various investment managers through a series of segregated portfolios. The firm’s investors can choose to invest in a portfolio representing a single strategy or multiple portfolios representing a number of strategies with different managers.
With plans to mirror most of the strategies available in its onshore offering, segregated portfolios currently available in the Last Atlantis offshore fund include split-strike conversion, multi-strategy, and total diversified, according to the firm. The firm will introduce additional portfolios and strategies in the coming months to meet investor demand for diversification.
“With increasing interest in our diversified strategies, the Last Atlantis offshore fund will allow us to meet the growing interest of investors residing outside the U.S.,” said Irwin Berger, Last Atlantis’ managing partner. “Clients can expect to see additional innovative strategies made available in the offshore offering as we continually seek to deliver to novel investment offerings to investors worldwide.”
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…