Saturday, 25 April 2015
Last updated 14 hours ago
Sep 12 2008 | 2:00am ET
Randy Brotman, a Schonfeld Securities Trading Group alumnus, has founded Brotman Capital Management and launched an eponymous market-timing hedge fund during the worst year for hedge funds in over a decade.
The fund, Boca Raton, Fla.-based Brotman Capital Partners, began trading in January and employs a trend-timing model that dictates when it should be long, short or stay in cash. Through August, the fund is up 14%, net of fees.
Even though most market observers are leery of market-timers, Brotman says his results speak for themselves.
“We are very pleased with our performance and we never use margin to enhance our results,” said Brotman.
The fund has a $100,000 minimum investment and charges a 2% management fee and a 20% incentive fee.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…