Martello Launches Resources Fund Of Hedge Funds

Feb 12 2008 | 3:20pm ET

Martello Investment Management has launched the Martello Resources Fund SPC, a commodities-focused fund of hedge funds, with $17 million in assets.

The majority of the fund’s assets are invested with hedge fund managers who focus on two trading styles: long/short equity sector specialists using fundamentally-driven discretionary approaches, and systematic traders using quantitative strategies. The Resources Fund will have exposure to both the equities of commodities companies and direct investments in the resources themselves, in the form of listed futures and options, over-the-counter derivatives or physical contracts.

“This fund is positioned to provide diversification to an overall investment portfolio by benefiting from the longer term opportunities in resources and commodities,” said David McCarthy, Martello’s founder and chief investment officer.

The Resources fund charges a 1% management fee and a 10% performance fee. Its minimum investment requirement is $1 million.

Great Barrington, Mass.-based Martello was founded in 2002 and currently manages and advises on $900 million in client assets.


In Depth

Q&A: Brevan Howard’s Charlotte Valeur Talks Strategy

Sep 18 2014 | 11:18am ET

Charlotte Valeur chairs the board of Brevan Howard Credit Catalysts, an LSE listed...

Lifestyle

Griffin Donates $1M To Rauner's Illinois Gov. Campaign

Sep 22 2014 | 9:29am ET

Hedge fund billionaire Kenneth Griffin definitely has a dog in this race. The Citadel...

Guest Contributor

Top 5 Predicted Outcomes Of CalPERS' Hedge Fund Divestment

Sep 22 2014 | 8:35am ET

CalPERS’ announcement to divest of hedge funds has created a significant buzz...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

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.