INOKS Launches Multi-Strat Fund

Jan 17 2008 | 1:00am ET

Geneva-based INOKS Capital has launched a multi-strategy fund investing in three major asset classes.

In its first two months of trading, the US$13 million Trium fund, which invests in commodities, debt and equities, using both discretionary and systematic approaches, returned 3.34% in November and 10 basis points in December.

Trium’s systematic commodity strategy seeks to profit from long-term trends and focuses on traditional commodities like soft commodities and agriculture. Its debt strategy is managed by the firm’s collateralized-finance team, which structures global credit to commodity players around the globe. And the equity strategy focuses on European equities and seeks to rapidly seize short-term opportunities in highly volatility markets.

The fund currently trades with partner capital and has no obligations as far as asset allocation, according to Maximilian Tomei, CEO.

“It can be anything from 150% overall exposure in the three asset class to 30%,” he said. “We’re currently sitting on 50% cash and that can change over two days.” 

“We’re all former Cargill people so we’re commodity-oriented and Trium obviously has a commodity flavor.”

Tomei said the new offering is a good diversifier from the firm’s “calmer” Ancile fund, which is a structured finance fund that targets 10% annual returns with volatility below 1%, and its equity fund, the Eira Fund, which is a 24% volatility fund. He also mentioned that the firm is planning to launch a leveraged version of the Ancile fund toward the end of the year.

“We work in countries in Central and Western Africa, Southeast Asia and South America, where big banks don’t go, because the commodities market is exploding and people are really looking for financing,” he said. 

Trium charges a 2% management fee and a 20% incentive fee with a US$250,000 minimum investment requirement.

INKOS currently manages some US$150 million in total assets.


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Compelling Opportunities In The Alternatives Space

Jul 29 2014 | 9:33am ET

In an environment where many asset classes seem expensive by historical standards...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note