MKM's Kelly Launches Global Macro Firm

Oct 10 2011 | 2:32pm ET

MKM Partners co-founder Brian Kelly is back with a new hedge fund.

Kelly and Andrew Albert, formerly of CRT Capital Group and Tribeca Global Management, have launched Shelter Harbor Capital. The firm's maiden offering debuted on Oct. 1 with $2.4 million in initial assets, reports.

Shelter Harbor will remain open to new investors—it currently has 10—for more than a year, it said in a Securities and Exchange Commission filing.

The Greenwich, Conn.-based firm specializes in global macro, investing in a host of markets, including foreign exchange.

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