Thursday, 21 August 2014
Last updated 12 hours ago
Jan 16 2007 | 10:54am ET
St. Thomas, Virgin Islands-based Last Atlantis Capital Management this month launched the LACM Total Diversified Share Class T, which incorporates a defined blend of hedge fund strategies from the Last Atlantis Partners master-feeder fund.
The current strategies employed in the Class T include split-strike conversion, high-yield, multi-strategy, discretionary global macro, trend-following futures, discretionary short-term futures, proprietary options and discretionary options. By providing exposure to multiple strategies within a single offering, it seeks to deliver non-correlated returns focused on capital preservation, low annualized volatility, and a Sharpe ratio greater than 2, according to the firm.
The new share class charges a 1% management fee and 10% performance fee, with a $10 million minimum investment requirement. It has a 24-month lockup period and quarterly withdrawals with 100 days notice.
Last Atlantis Partners is a master-feeder fund that currently offers investors access to 15 segregated share classes with individual fund strategies incorporating proprietary and discretionary options, trend following futures, multi-strategy, global macro, real estate financing and others.
The firm was founded by Irwin Berger and Stig Ostgaard, one of the original “Turtles” traders, and Last Atlantis Capital, a trading firm with systems incubation and trading technology.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note