Fri, Oct 9, 2015
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. U.S. hedge funds prepare for worst finish this year since 2008[more]

    Komfie Manalo, Opalesque Asia: U.S.-focused hedge funds are preparing for their worst year since the 2008 global financial crisis, following a series of letdown including the market sell-off in August and the sell-off in healthcare and biotechnology sectors last month, reported

  2. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  3. 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

  4. 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

  5. DoubleLine’s Jeffrey Gundlach warns of another round of market shakedown[more]

    Komfie Manalo, Opalesque Asia: DoubleLine Capital co-founder Jeffrey Gundlach is painting a bleak future as he warned that the U.S. equity market and other risk markets, such as high-yield "junk" bonds, are facing another round of selling pressure. Gundlach said in an interview with