Schonfeld Alum Launches Market-Timing Hedge Fund

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.


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