Friday, 12 February 2016
Last updated 27 min ago
Feb 11 2013 | 7:35am ET
Toronto-based Spartan Fund Management has recently unveiled a new a multi-strategy energy fund.
The Noble Bay Energy Fund, which is managed by Mark Ellis, aims to generate consistent, attractive risk-adjusted returns, with reduced volatility and with low correlation to the North American equity markets. The fund utilizes four sub-strategies—relative value, macro-momentum, yield-options and special situations.
Ellis has over 11 years of experience investing in the energy sector. Prior to founding Noble Bay, he was a founding partner of Rayne Capital, a Calgary-based energy fund that returned over 60% in five years to its investors.
Spartan Fund Management, established in 2006, specializes in experienced emerging Canadian alternative investment managers. Spartan offers both strategy specific funds as well as a multi strategy fund that provides exposure to the broad range of strategies available at Spartan.