Sun, Jun 26, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Battenkill Capital, an energy and infrastructure fund, draws institutions early on

Tuesday, November 20, 2012

amb
Rick Franzen
Bailey McCann, Opalesque New York:

Few funds that launched in 2007 made it out of the downturn alive, especially if they launched without significant seed capital. But for one firm– New Jersey-based Battenkill Capital Management, 2008 served as a means of establishing a solid track record by showing that the firm could weather all types of markets. Battenkill launched its Alpine Fund in 2007, and has already been able to attract the interest of institutional investors.

Battenkill Capital’s flagship fund, the Alpine Fund, is a market-neutral equity hedge fund focused on investment in the energy and industrial sectors. The firm launched as a self-funded venture between principal Bruce Vinci and Rick Franzen. The two men gave themselves five years to start the firm and build a track record that they could then take to investors and build a business. Franzen, Co-Founder and Portfolio Manager, brought over 15 years of experience from firms such as Millennium and Merrill Lynch Asset Management, where he focused on trading the energy and industrial sectors, while Vinci leveraged previous experience as a broker-dealer.

"We both wanted to create a company from the learning experiences we had over our careers, building on what worked and what didn’t in the past to make a well crafted product," says Vinci in an interview with Opalesque. "Rick is passionate about the energy and industrial sectors given the number of years he has dedicated to investment i......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Roundup: Hedge funds shrink as liquidations outpace new launches in Q1: hedge fund news, week 27[more]

    In the week ending 17 May, 2016, HFR said hedge fund liquidations declined narrowly to begin 2016 after rising sharply to conclude 2015, as investors positioned f

  2. Europe - Hedge funds keep powder dry over big Brexit bets, Hedge funds sense profit in Europe shock waves after Brexit vote, Soros warns Brexit may cause pound plunge worse than Black Wednesday, After Brexit: What will happen if Britain votes to leave the UK?[more]

    Hedge funds keep powder dry over big Brexit bets From FT.com: Hedge funds are shying away from big bets on Brexit, with many unwilling to risk further losses having already suffered a painful first half of the year. With the outcome of a UK vote on the country’s membership of the Europea

  3. News Briefs - ’Flash Boys’ get green light to launch stock exchange, Pimco says ‘storm is brewing’ in U.S. commercial real estate, Bankers get ready to rumble at Hedge Fund Fight Night, AIMA Australia celebrates 15th anniversary[more]

    ’Flash Boys’ get green light to launch stock exchange In an investing environment ruled by fast, the newest U.S. public stock exchange is banking on slow. Well, slower. IEX Group, which won Securities and Exchange Commission approval on Friday to go head-to-head with the New York Stock E

  4. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  5. Visium hedge fund manager Sanjay Valvani found dead[more]

    Benedicte Gravrand, Opalesque London: A hedge fund manager connected with an insider trading case has apparently committed suicide. Sanjay Valvani, 44, a hedge fund manager at New York-based Visium Asset Management, was found dead in an apparent suicide on 21 June in his Brooklyn residence,