Lake Hill Launches Commodities Strategy

May 2 2013 | 10:10am ET

New York-based investment firm Lake Hill Capital Management has opened its Lake Hill All-Alpha commodities strategy to qualified investors.

The commodity program, which Lake Hill currently runs for several institutional and high-net-worth clients, is based on the Lake Hill Index Strategy, which trades S&P 500 and Russell 2000 products (including futures options and related securities) exclusively.

The All-Alpha Strategy invests in a diverse book of exchange-traded commodity futures and options on metals, energy, agriculture, and equity indices. The commodity program's trading algorithms seek to profit by systematically responding to hedgers and other traders in the commodity option markets while maintaining a balanced, market-neutral book.

“We are enthusiastic about offering the extraordinary infrastructure we’ve successfully developed and applied over the past decade to our investing partners,” said Zem Sternberg, the firm’s co-founder and senior managing member. “This product provides sophisticated investor with unique access to a commodity investment that has traditionally been very hard to find.”

Sternberg, a former Deutsche Bank managing director and managing partner at Archelon, co-founded Lake Hill in 2005 with Scott Kovarik, a former George Weiss Associates partner. Both men also worked at Salomon Brothers.

Other Lake Hill personnel include Justin Golden, managing partner (and former head of institutional equity derivative sales at Bank of America, London); Steven Nicklas, managing partner (and economics Ph.D); and William Li, managing director (formerly of G-Bar, Barclays Capital, Lehman Brothers and Merrill Lynch).

Lake Hill Capital Management is a private firm specializing in quantitative and relative-value trading in exchange-traded-derivatives markets. In addition to the All-Alpha and Index strategies, it offers a tail-risk strategy, Lake Hill Convexity.


In Depth

Fitch Says Alternative Asset Managers 'Stable' Despite Dry Powder

Nov 20 2014 | 9:30am ET

Ratings agency Fitch says the outlook for seven publicly traded alternative asset...

Lifestyle

Cohen Buys $101 Million Sculpture

Nov 12 2014 | 9:17am ET

Steven Cohen was the sole bidder for a rare Alberto Giacometti sculpture at Sotheby...

Guest Contributor

Why The Big Money Is Going To Europe

Nov 14 2014 | 6:03am ET

Peer-to-peer lending was invented with the individual investor in mind. But despite...

 

Sponsored Content

    For Hedge Funds, Mastering Data Is Key To Success

    Nov 4 2014 | 9:45am ET

    Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

November 2014 Cover

Building a better market

Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.