Tuesday, 30 September 2014
Last updated 3 hours ago
May 29 2008 | 10:19am ET
Harpswell Capital Management is gearing up to launch an offshore market neutral hedge fund focused on energy, utilities and basic materials.
The new offering mirrors the Villanova, Penn.-based firm’s existing onshore fund, which launched in March 2007.
“We are pleased with the robust interest in creating an offshore fund” said Jack Moore, managing director and portfolio manager at Harpswell. Moore was previously a portfolio manager at another hedge fund and a principal at Vanguard.
As for the fee structure, Moore said that the firm is grandfathering in all initial investors under the current structure, which is 1% for management and 20% for performance. The firm is planning to reevaluate its fee structure for new investors.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...