Tue, Mar 19, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
New Managers December 2014

FUND PROFILES: The HL Opportunity Fund, Arel Capital, Aden Capital

 

Israeli startup to launch long/short equity fund specialising in covered-call strategy David Linden

An Israeli startup is about to launch a long/short equity fund that specialises in covered calls and in income, and that invests in large cap US blue-chip stocks.

David Linden, the investment manager, was hedge fund analyst at Gems Research from 2003 to February 2014. Hylton Peimer, who looks after Operations, was working with Israeli hi-tech start-ups until September 2014.

Their company, H.L. Strategic Investment Advisors Ltd., is located in Tel Aviv, with investor relations in the U.S. It does not have a website just yet.

The HL Opportunity Fund is legally registered in Delaware as a US limited partnership, and won't launch until January, 2015. In the mean time, the strategy has been running as a managed account since October 2013, returning 7.65% YTD (to end-September), and the back-test has returned 16.4% since July 2013.

The S&P 500® Stock Covered Call Index, which seeks to simulate a volatility-driven covered call strategy based on the eligible individual constituents of the S&P 500, was up 8% YTD on 27th November......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1