Wed, Oct 14, 2015
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

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. Manager Profile - Pimco alternative funds flourish as 30-year bond rally fades[more]

    From Inside Pacific Investment Management Co., the bond behemoth that lost two chief investment officers last year and saw almost $500 billion of client money leave, a hidden profit engine is easing some of the pain. For more than a decade, Newport Beach, California-based Pimco has qu

  2. Niche Investing - Art investment funds: Attracting institutional and other new investors[more]

    From The Deloitte/ArtTactic Art and Finance Report 2014 (the "Art and Finance Report") noted that the "global art investment fund market was estimated to be worth at least $1.26 billion in the first half of 2014." This seems almost inconsequential when juxtaposed with the $54 billion of

  3. Other Voices: Why fund boards must develop a response to cyber security and financial crime threats[more]

    This article was written by Carne, an international specialist in the provision of independent governance services and European management company solutions to the global asset management industry. A recent SEC action has highlighted how concerned regulators have become about data intru

  4. Hedge funds relatively resilient in Q3[more]

    Komfie Manalo, Opalesque Asia: Hedge funds fell in the third quarter as market conditions remain challenging, but still outperformed the S&P 500. The Lyxor Hedge Fund index was down 3.6% during Q3 while the S&P 500 fell 8.2%. According to Lyxor, "hedge funds were quite resilient in Q3. Falling en

  5. Hedge funds start Q4 on strong footing reversing the previous market downturn[more]

    Komfie Manalo, Opalesque Asia: Hedge funds started the fourth quarter on a strong footing, reversing the previous market downturn with the Lyxor Hedge Fund Index up 1.1% as of end Oct. 6 (-0.7% YTD). Event-driven outperformed, up 2.2% (-4.2% YTD), and CTAs underperformed (- 1.9%), extrapolatin