Industry Updates

Ex-U.S. Navy SEAL launches Maerisland Capital and maiden long/short equity fund

Friday, September 16, 2011

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Opalesque Industry Update - Mr. Mark Beder announces the formation of Maerisland Capital, LLC (“Maerisland”) and the Maerisland-Trident Fund. Maerisland, the combination of three words: Maris- Latin for Sea; Aeris- Latin for Air; and Land, is a play on Mr. Beder’s background as a U.S. Navy SEAL.

Maerisland’s first investment vehicle is the Maerisland-Trident Fund, L.P. (the "Fund"). The Fund’s investment objective is to produce repeatable long-term alpha on the long and short side of a global equity portfolio through superior stock picking based on proprietary research. The Fund seeks to produce these returns irrespective of market direction and to limit the volatility of returns by avoiding excessively large geographic, market, stock, sector or thematic concentration.

(press release)

Mr. Mark Beder is the Founder, CEO and CIO of Maerisland Capital (the “Investment Manager”) and the Portfolio Manager of the Maerisland–Trident Funds. Mr. Beder has over 18 years of investment experience. Prior to forming the Investment Manager, Mr. Beder was a partner with the Tremblant Capital Group (“Tremblant”) from September 1, 2005 through 2010. Prior to Tremblant, Mark was a co-founder and co-portfolio manager of KiCap Management, L.P. (“KiCap”), a market-neutral hedge fund. From 2001 through 2005 KiCap’s assets grew to over $700 million. Mr. Beder and his co-portfolio manager at KiCap began their work together while co-heading the global telecom and media team at Tiger Management, LLC. Prior to joining Tiger Management in 1999, Mr. Beder spent 6 years with The Capital Group Companies where he managed a $1.4 billion global telecom portfolio and was the lead advisor to an additional $6 billion in global telecom assets.

Prior to the investment industry, Mark Beder was a Lieutenant Commander and Assault Team Leader with the United States Navy SEAL Team. Mark received decorations including the Navy Commendation Medal, Navy Achievement Medal, Combat Service Ribbon and various campaigns. Mr. Beder holds a Masters of Business Administration degree from the Harvard Business School. Additionally, Mark received a Bachelor of Science degree in Mechanical Engineering from the Massachusetts Institute of Technology.

Christopher Ainsworth has partnered with Mr. Beder to serve as the COO and CFO of Maerisland Capital, LLC. Mr. Ainsworth has over 15 years in the investment industry, predominately focused on capital raising and operations. Mr. Ainsworth has extensive experience in the administrative and operational aspects of the hedge fund industry. Chris has created and structured over two dozen comingled investment vehicles in jurisdictions around the world.

In 2010, Chris was recruited by hedge fund and alternative investment industry participants to develop an association in California and create a way for California based hedge funds to act in a unified manner to become more educated and more involved in the future financial service regulatory process. Since July 2010, Mr. Ainsworth has served as the President of the California Hedge Fund Association. Chris received a Bachelor of Science in Economics with Financial Applications from Southern Methodist University. cainsworth@maerislandcapital.com

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