Sep 30 2006 | 8:48am ET
New York-based JST Capital Partners is gearing up to launch its first fund, a long/short equity vehicle that will use options and futures to hedge its equity positions.
Mark Moskowitz, manager of the new offering, plans to roll out JST Capital Partners L.P. in mid-October with around $7 million in assets under management, and expects to bring in another $15 million to $20 million by year-end.
The fund will invest in between 20 and 30 stocks across all sectors, and Moskowitz is aiming for monthly returns in the 1.5% to 2% range. “My sights are on steady returns with a low standard deviation,” he said, adding that he takes a top-down investment approach, and is placing an emphasis on risk management.
Mar 17 2014 | 9:30am ET
“Transparency” has become a touchstone for investors in the post-Madoff world but, according to Carl Lingenfelter, chief administration officer at Northern Trust Hedge Fund Services, it's a concept that has evolved over the past five years from fraud protection to risk management to investment performance. Read more…
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…