Thursday, 26 March 2015
Last updated 9 min ago
Sep 18 2007 | 11:02am ET
Adam Sarhan, founder of The Sarhan Analysis, a global macro research firm tailored for institutional investors, is prepping a long/short equity hedge fund to be launched in January. The new offering has a target of $500 million.
Sarhan said MView Capital will seek to "filter out the noise by combining fundamental and technical analysis to select optimal trading opportunities" in U.S. equity markets. He is launching the fund based on his involvement with CANSLIM.net, an online resource for the CAN SLIMR investment system created by Investor's Business Daily.
Sarhan, who is currently in the initial phases of raising capital for his new vehicle, said he is "overwhelmed" by the responses he is getting from potential investors. "We benefit greatly from the fact that we are using a proven fact-based investment system. In addition, two very strong selling points were that we bagged some very healthy gains in the first half of the year and moved completely into cash at the end of July, which protected 100% of our assets during the past two month sell off. This was accomplished by having proven rules and being able to follow them.”
MView Capital will charge a management fee of 2% and incentive fees of 20% with a minimum investment requirement of $1 million.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…