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Alternative Market Briefing

Hedge fund LD Capital gains +2.73% in Q3 tailoring exposures with market swings

Thursday, November 24, 2011

From Komfie Manalo, Opalesque Asia:

London-based boutique hedge fund LD Capital gained +2.73% over Q3 2011(+3.90% YTD) as its management team effectively tailored the firm’s exposures with the market swings and on their shorter term views.

In an exclusive interview with Opalesque, LD Capital Chief Executive Officer Luc Sitbon said that the firm’s strategy is fairing well even during the current volatile environment because of their flexible strategy that allows them to make the necessary adjustments in case of large market swings in the market. The fund is currently featured in Opalesque Solutions' Emerging Managers Database.

Sitbon added, "It [Marlon Fund 1] is up +15.30% since launch in August 2010. At the end of July and the beginning of August in particular, Fixed Income markets were very stressed and Equity markets reacted with a lag. This situation enabled us to have an adequately hedged equity portfolio."

In a press statement issued last month, Sitbon said that the fund’s risk management was completely integrated into the portfolio construction process. He added that the company tries to minimize the risks according to three key principles; diversification, in-depth qualitative research and flexibility. Marlon Fund 1 is best compared to Long Short/Equity strategies, which it has outperformed by a magnitude of 18% sinc......................

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