Sat, Oct 10, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

County Cork’s CTA business races out of R J O’Brien stable

Tuesday, June 25, 2013

Beverly Chandler, Opalesque London, for New Managers:

A gathering of industry veterans, largely drawn from the managed futures and CTA community lies behind the conference in London this week for emerging managers, the Emerging Manager Forum from Bucky Isaacson and Frank Pusateri. The occasion will see the hard launch of a particularly intriguing new CTA business, County Cork LLC, out of Skokie, Illinois, a thoroughbred coming from the racing stable of R J O’Brien. The futures commission merchant will celebrate 100 years in the business next year, under the directorship of its family, including its founder’s namesake, Robert J O’Brien Jr.

R J O’Brien as a firm has had its share of interesting times over recent years, having been bought in 2008 by a private equity group, and then bought back again, at a discount, by the O’Brien family in 2010 in a deal widely described in the US as 'the best futures trade never done in the pit.’

Bob O’Brien and his family members sit at the director level where their day to day influence with the current company ends, but in the meantime, in 2002, he had established his own CTA business County Cork LLC and it is this firm that launches out of the Emerging Manager Forum. Mark de Souza, President of County Cork, told Opalesque in an interview that the business launches with that rare thing, deep pockets, having approximately $30m in funding from clients and ......................

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. 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

  2. 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

  3. 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

  4. Hedge fund Barnegat survives September’s market selloff[more]

    Komfie Manalo, Opalesque Asia: Bob Treue’s $679 million Barnegat Fund proved resilient after another month of market letdown as the hedge fund gained 2.2% last month, bringing its year-to-date gains to 2.8%. Treue said in his monthly report to i

  5. …And Finally - Japanese men want upgrade on their virtual girlfriends[more]

    From Five years after News of the Weird mentioned it, Japan's Love Plus virtual-girlfriend app is more popular than ever, serving a growing segment of the country's lonely males -- those beyond peak marital years and resigned to artificial "relationships." Love Plus models (Rinko