Fri, May 27, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Molinero Capital Management launches systematic CTA hedge fund

Monday, October 26, 2009
Opalesque Industry Updates - London-based hedge fund manager Molinero Capital Management LLP launched on 14 October its first independent hedge fund, Molinero Global Markets Fund, a systematic CTA hedge fund.

Laven Partners Ltd, the London based investment management consultancy and Laven Legal Services Ltd, an associated law firm, advised Molinero Capital Management LLP on the structuring and launch of the fund.

The fund aims to produce consistent above average returns through long-term and short-term investments in the global futures markets using a unique proprietary trading program, while also seeking to mitigate risk through diversification of investments and hedging activities.

The fund will invest in futures and forwards contracts in currencies, interest rates, equities, bonds and commodities.

The fund is managed by Rafael Molinero who has more than 10 years’ experience in the hedge fund and financial services industry. Previously, he managed funds for Rotella Capital Management, a US-based CTA.

Laven Partners Ltd advised on the incorporation of the fund in the Cayman Islands and its registration with the local authorities while Laven Legal Services Ltd provided legal assistance for the fund and on its offering memorandum.

Rafael Molinero, portfolio manager, Molinero Capital Management LLP, said: “In the current environment, investors are looking for products that deliver returns with minimal risk. The fund’s models use a variety of risk management techniques including active stop losses. Alongside this, we will maintain a diversified portfolio which will help us benefit from a wide variety of investment opportunities.”

Jérôme de Lavenère Lussan, Principal Founder and CEO, Laven Partners Ltd said: “Laven has recently seen a pick-up in the number of new hedge funds. These new managers are more aware of the need for high quality structures in line with regulators' best practices. It is important to have the right risk strategy and the team at Molinero Capital Management are not only highly experienced but have a strong operational culture. We are glad we were chosen to assist them with this launch.”

http://molinerocapital.com/

Laven Partners (www.lavenpartners.com) is an investment management group offering consultancy services, including fund structuring, tax, legal and compliance services to fund managers, as well as independent operational due diligence and advisory services to investors.


Be

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. Paul Tudor’s hedge fund trims fee amidst poor performance, keep investors[more]

    Komfie Manalo, Opalesque Asia: Paul Tudor’s $11.6bn hedge fund firm Tudor Investment Corp. announced on Monday it would slash down fees of one of its biggest fund to 2.25% of assets and 25% of profits amidst backlash arising from poor performa

  2. Ares Capital to buy American Capital in $3.4 billion deal[more]

    From PIOnline.com: Ares Management's business development company Ares Capital Corp. is buying troubled BDC American Capital for $3.43 billion, said a joint news release by the BDCs and another release by Ares Management. Ares Capital Corp.'s assets are expected to grow to about $13.2 billion when t

  3. Performance - Hedge fund ETFs take a battering, Have long-short credit funds delivered?[more]

    Hedge fund ETFs take a battering From ETFStrategy.co.uk: It was a blow for the hedge fund world when Hillary Clinton’s son-in-law Marc Mezvinsky announced he would be closing his Greek-focused fund after it plummeted in value by 90%, just two years after it launched. For passive investor

  4. Launches - Man Group and American Beacon launch new emerging debt fund, Nikko AM launches new Japan equity UCITS fund[more]

    Man Group and American Beacon launch new emerging debt fund American Beacon Advisors, an experienced provider of investment advisory services to institutional and retail markets, launched the American Beacon GLG Total Return Fund today. The Fund became effective May 20. The America

  5. Emerging markets hedge funds perform strongly, but capital base erodes[more]

    Komfie Manalo, Opalesque Asia: Latin American Emerging Markets and Russian hedge funds lead industry gains in the first months of 2016, posting strong performances through April as global and EM equity, commodity and currency markets surged in recent weeks following steep losses to begin the year