Tue, Nov 19, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

For this long-biased hedge fund manager, flexibility is key

Wednesday, November 02, 2016

amb
Noland Langford
Benedicte Gravrand, Opalesque Geneva for New Managers:

A former Merrill Lynch banker launched a long-biased hedge fund earlier this year, which has so far outperformed in great part thanks to its philosophy of flexibility.

Noland Langford started his career at Merrill Lynch in the late 90s as a financial advisor, and went on to work at Wells Fargo in 2005 as first vice president - investment officer. He left the Big Firm environment in 2014 to run his own wealth management business, Left Brain Wealth Management, in Naperville, Illinois. As his separately managed accounts were doing well, he decided to launch an eponymous investment management entity, Left Brain Capital Management, and a long-biased hedge fund focused on growth.

The managed account structure was limiting in that the managers could not use the whole of its strategy, he explained. "So we wanted to take it to a new level and see what it could do for investors when it was unencumbered."

The Left Brain Capital Appreciation Fund L.P.’s mission is to quintuple investors’ money in the space of ten years. Launched in January 2016, it is up 101% YTD (to end-September) – compared to the S&P500’s 4.2% and the Russell 2000’s 4.4% (the Barclay Equity Long Bias Index is up 2.2% YTD (to end-October)). The f......................

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. HarbourVest raises $3bn for Co-Investment Fund V[more]

    Laxman Pai, Opalesque Asia: Boston-based HarbourVest Partners closed its latest private equity fund above the fundraising target - the $3 billion HarbourVest Partners Co-Investment Fund V was oversubscribed and above its $2.5 billion target. The fund's strategy is to create a global, diversif

  2. Opinion: Cliff Asness: It's 'time to sin'[more]

    From Institutional Investor: Timing the market can be "deceptively difficult," as quantitative investor Cliff Asness has pointed out before. But now, the AQR Capital Management co-founder believes that while factor timing is "an ugly thing," it is "about time we did some" - specifically when it com

  3. Investing: Hedge fund Whitebox places big bet on gunmaker Remington, Quant funds exit Japanese bonds in worst sell-off since 2013[more]

    Hedge fund Whitebox places big bet on gunmaker Remington From Reuters: Whitebox Advisors LLC, a credit-focused hedge fund, has been quietly capitalizing on Wall Street's ambivalence toward gun manufacturers by replacing some banks as a lender to Remington Outdoor Company. Whitebox

  4. Tech: Investors race to tech start-ups despite SoftBank stumbles, Two Sigma launches risk management software[more]

    Investors race to tech start-ups despite SoftBank stumbles From FT: Investors are planning to pour billions more dollars into later stage tech start-ups, even as Japan's SoftBank reels from a succession of faltering bets. Stephen Schwarzman's Blackstone plans to raise between $3bn and $4b

  5. Regulatory: Carried interest tax rules slated for 2020, official says[more]

    From Bloomberg: The Treasury Department is planning to issue regulations restricting how hedge fund managers can claim a valuable tax break early next year, a top Treasury official said. The regulations will likely bar money managers from using S corporations to take advantage of an exemption