Sat, Nov 22, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

CF Partners launches utilities, infrastructure and oil focused global equity hedge fund

Wednesday, March 27, 2013
Opalesque Industry Update - CF Partners, the advisory, trading and investment firm, has announced that its new Long/Short Global Equity fund focusing on utilities, infrastructure and oil has delivered a return of net 6.44% for its investors in its first three months.

CFP Equity Fund targets a return of 15% per annum with volatility of less than 10%. The fund has completed its first three months of investing generating +0.38% in December, +3.53% in January and +2.42% in February with annualised volatility of around 5.9% and correlation of less than 0.18 to the Eurostoxx50. Current assets under management are $29 million.

The fund is specialized, managing a concentrated portfolio of 20-40 positions from within an investment universe comprised of around 150 equities. It draws on CF Partners’ breadth and depth of experience within the energy sector to combine in-depth fundamental analysis with short-term trading strategies to identify investment opportunities.

Alvero Ventosa, Chief Investment Officer at CF Partners commented: “We see tremendous investment opportunities created by the current structural shifts in the global energy market which are creating clear winners and losers and the best method of capturing this alpha is active long short management. Our focused approach and CF Partners’ deep understanding of the complexities of regulation that impact our investment universe, gives us a competitive advantage over generalist investors.”

Thomas Rassmuson and Jonathan Navon, Founding Partners of CF Partners added: “We at CF Partners strive to provide innovative investment solutions and risk management and are proud that we have become a trusted partner to many governments and the largest corporate clients. It is access to this collective expertise and experience within the energy sector that we can offer to institutional investors and we are excited to be delivering that opportunity through the launch of CFP Equity Fund.”

Press release

bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Greenlight Re CEO says hedge fund reinsurance strategy buzz is validating[more]

    From Artemis.bm: The attention being paid to the hedge fund reinsurance business model and the fact that others are now looking to leverage bits of it within their own strategies, is validating for reinsurer Greenlight Capital Re, according to CEO Bart Hedges. There has been an increasing buzz

  2. Legal - Hedge fund manager fights £8m tax tribunal ruling[more]

    From FT.com: A hedge fund manager who may have to repay £8m in tax is trying to overturn a tribunal ruling that found he had attempted to shelter millions in an avoidance scheme. Patrick Degorce, chief investment officer at Theleme Partners, lost a tax tribunal case last year. HM Revenue & Customs c

  3. Europe - Hedge funds face exit tax as Iceland central bank discusses plan[more]

    From Bloomberg.com: Hedge funds and other creditors with claims against Iceland’s failed banks face an exit tax as the island looks for ways to unwind capital controls without hurting the economy. The government targets having a plan it can present by year-end that would map out how Iceland will sca

  4. Investing - George Soros puts $500m of his money on Bill Gross, Soros, Paulson backed Hispania Activos mulls Realia takeover, Ex-Credit Suisse trader’s hedge fund sees yen shorts as crowded, Hedge hunters double default-swaps as views split, Large hedge fund positions come under pressure, Vikram Pandit's fund picks 50% stake in JM Financial's realty lending arm for $87m[more]

    George Soros puts $500m of his money on Bill Gross From WSJ.com: Before Bill Gross was fully settled in at his new firm, Janus Capital Group Inc., he received an unlikely visit from the chief investment officer of famed investor George Soros ’s firm, according to a person familiar with t

  5. People - Bessemer hires Frank Frecentese for hedge fund advisory role[more]

    From WSJ.com: Multi-family office Bessemer Trust has hired Frank Frecentese to help build out its business advising wealthy families on hedge-fund investments, nabbing him from Societe Generale’s Lyxor asset management arm. Mr. Frecentese, who was the head of hedge-fund investments at Citibank