Mass. Hedge Fund Launches Volatility Strategy

Jul 7 2008 | 2:47pm ET

Duxbury, Mass.-based Bay Hill Capital Management has launched a volatility multi-strategy fund. 

The specialized hedge fund, which launched on July 1, will pursue three volatility sub-strategies:  arbitrage, dispersion, and relative value, and will maintain a diversified portfolio, trading mainly in listed equity options.
 
The $25 million Cayman master-feeder fund was launched after the firm ran the strategy in managed accounts for a year. 

The fund charges a management fee of 2% and a performance fee of 20%. The minimum investment requirement is $1 million.


In Depth

Steinbrugge: Top 10 Hedge Fund Industry Trends for 2017

Jan 3 2017 | 9:03pm ET

Each year, Agecroft Partners' Don Steinbrugge predicts the top hedge fund industry...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

The U.S. Commodity Futures Trading Commission (CFTC) ordered The Goldman Sachs Group Inc., and Goldman, Sachs & Co. to pay a $120 million penalty for attempted manipulation and false reporting of ISDAFIX Benchmark Rates, a global benchmark for interest rate products.