Sat, Mar 25, 2017
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. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He