Wed, Jul 8, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Spartan Fund Management launches Noble Bay Energy Fund

Tuesday, February 12, 2013

Bailey McCann, Opalesque New York:

Spartan Fund Management, an emerging hedge fund manager platform located in Toronto has announced the launch of a new fund - the Noble Bay Energy Fund, a multi strategy energy fund managed by Mark Ellis. Prior to founding Noble Bay, Mark was a founding partner of Rayne Capital, a Calgary based energy fund that returned over 63% in 4 ½ years to its investors.

Spartan focuses on emerging hedge fund managers in the Canadian market and currently has 7 strategies operating on the platform. These managers typically come from backgrounds such as institutional money managers, or proprietary bank traders. Other strategies on the platform include long/short equity, special situations, quant, short-term directional and micro cap. Noble Bay is the newest addition – a multi-strategy, energy-focused fund.

Noble Bay’s investment objective is to generate consistent risk-adjusted returns, with reduced volatility and with low correlation to the North American equity markets. The Fund utilizes four sub-strategies – relative value, macro-momentum, yield-options and special situations - which are self-complimenting in order to provide investors with a more consistent return profile than is available through traditional investing in the energy sector.

"Mark was working with Rayne, and decided he wanted to spin out and create his own fund, trading ideas he’d been working on over hi......................

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 Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Opalesque Exclusive: New systematic strategy embraces machine learning[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The founder of a New York-based systematic trading firm, which offers a hybrid between alpha strategies and alternative feta at lower fees, describes his approa

  3. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  4. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  5. Hedge funds decline in June as stocks tumble on Greek woes[more]

    From Bloomberg.com: Hedge funds posted losses across strategies last month as uncertainty over whether Greece will remain in the euro sent global stock markets tumbling. Winton Capital Management declined about 3.1 percent in June in its $12.1 billion Winton Futures Fund, leaving it down 1.9 percent

 

banner