Sunday, 19 April 2015
Last updated 12 hours ago
Mar 16 2009 | 12:25pm ET
Andrew Ellner’s maiden offering has bucked the industry trend, getting off to a strong start while many peers were wallowing in red ink.
The former co-head of Global Equity Derivatives at Lehman Brothers and current purveyor of the Lightbox Master Fund, a market-neutral offering that debuted in October, returned 11.38% in his first three months of trading, and 6.4% this year through February, FINalternatives has learned. The fund manages some $105 million in assets.
The firm declined to comment on its performance.
Lightbox invests in stocks, index futures, options and related instruments and employs models rooted in statistical analysis, pattern recognition and behavioral finance methodology. It charges industry standard fees and has a $1 million minimum investment requirement.
Prior to Lehman, Ellner served as head of U.S. equity derivatives at Credit Suisse First Boston.
Nancy Wiser is the firm’s chief operating officer.
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…