Saturday, 20 September 2014
Last updated 1 day 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.
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.