Saturday, 27 December 2014
Last updated 3 days ago
Sep 8 2006 | 12:00am ET
Los Angeles-based Signal Capital Management is preparing to launch a new investment partnership, Signal Energy Partners 1, which will trade in crude oil, heating oil and natural gas futures markets.
According to Shane Rodgers, chairman and CEO of the firm, the long-short offering is expected to be up and running by late October and will execute trades based on a combination of event-driven and manual analysis and computer-generated quantitative analysis.
“We are targeting this new fund towards accredited private investors with appetites for high risk and high rewards,” said Rodgers, who will manage the fund along with Thomas Miltch, Jacek Pulensky and a global energy analyst who is currently being recruited by the firm.
The minimum investment in the fund is $250,000. There is no lockup period and no management fee. The fund will be audited by Grant Thornton, the general counsel to the investment manager is Skadden Arps Slate Meagher & Flom, the administrator is SS&C Fund Services, and the custodian is First Republic Trust Company.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.