Thursday, 28 August 2014
Last updated 1 hour ago
May 29 2007 | 2:40pm ET
Artemis Capital Partners has set up shop in Aventura, Fla., and plans to offer a series of diversified, proprietary and quantitative products. The firm last month launched the 3MF Artemis (BVI Ltd.) Fund, a multi-strategy hedge fund of funds, and is targeting June 1 as the date for its onshore offering, 3MF Artemis (US) Fund.
Artemis is the brainchild of CEO Don Kurz, former president of venture capital firm and consultant Insight Creative Solutions, and chief investment officer Salomon Konig, the former president of American Lead Ventures, which advised family offices and funds of funds. The firm was founded in September 2006.
Artemis works with BNP Paribas on a process that allows it to invest in a total of 400 hedge funds in its portfolio, according to Kurz, who said the fund of funds is currently invested in some 200 underlying hedge funds. “We’re designed to be extremely diversified and the assets are trying to be as anti-correlate with each other a possible to yield a very steady market-neutral return,” he said.
In its first month of trading, Artemis’s offshore fund returned an estimated 2.75% on the strength of its long equities and emerging markets portfolios.
Going forward, Kurz added that the firm will launch a series of structured products including a principle guaranteed product and a variety of other types of offshoot structure products.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...