Saturday, 23 August 2014
Last updated 22 hours ago
Jan 26 2012 | 9:52am ET
Valhalla Capital veteran Stephen Hart is back with a new hedge fund firm and a maiden foreign exchange and commodities trading adviser offering.
Hart's Candor Capital Advisors' CandorFX Series 1.1 launched in the fourth quarter, HFMWeek reports. The fund's proprietary trading program focuses on the spot foreign exchange markets, aiming for very low correlation with traditional investments.
CandorFX is actually the second hedge fund Hart launched last year: He was responsible for Valhalla's new spot forex strategy, as well.
Hart told HFM he left Valhalla to found Maryland-based Candor to focus exclusively on foreign exchange. The new fund has a $100 million capacity, a $25,000 minimum investment requirement and no lock-up period. Targeted at high net-worth individuals and funds of hedge funds, Candor charges 2% for management and 25% for performance.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note