Sunday, 29 November 2015
Last updated 1 day 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…