Tue, Nov 11, 2025
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

Steel Capital Management launches

Wednesday, December 21, 2022
Opalesque Industry Update, for New Managers - Shannon Steel launches a new hedge fund, Steel Capital Management LTD which targets returns of 3-5%+ per month.

The newly appointed U.S Central African Republic Ambassador has taken to the world of investment management as a hedge fund manager seeking to generate great returns for investors based in the U.S and internationally.

Shannon Steel (CEO/Principal) comments: "I developed a deep passion for finance and investing while earning my degree in economics. Starting my career at 23 as a stockbroker has led me here years later. I'm excited to use my success and learning opportunities in changing markets to generate great returns for the fund."

Benjamin Mensah (Director): "it is with immense pleasure that we're able to announce a manager whose results speak volumes about the future direction of the industry. An economic downturn should not automatically equate to investors losing money, but rather capitalizing on opportunities. The digital age calls for greater transparency for investors, to that end our investor platforms driving this change forward are set up to provide this transparency with ease."

The hedge fund has a long and short strategy within its commodities and currency desks. The strategy provides Investors with a great opportunity to hedge investments in a liquid and volatile environment.

Ms. Steel's background in real estate and other sectors means the fund has partners based in the U.S and offshore who provide a means for the group to obtain an impressive rate of return with assets that not only house, but make a positive impact globally; one such partner being The Steel Foundation which is aiding women and children by building schools, hospitals, and equipment to better the state of healthcare and education for current and future generations in Central African Republic.

With a unique approach to traditional investment, the group believes it will not only accelerate growth, but also protect investors in times of uncertainty, whilst ensuring its impact on local communities stays not only positive, but sustainable long term.

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Global fintech investment slumps to seven-year low of $95.6bn[more]

    Laxman Pai, Opalesque Asia: Global fintech investment plummeted to $95.6 billion across 4,639 deals in 2024, marking its lowest level since 2017, as investors grappled with persistent macroeconomic challenges and geopolitical tensions, revealed a study. According to the Pulse of Fintech H2'

  2. Opalesque Exclusive: Private capital deal value climbed 19% in 2024[more]

    Bailey McCann, Opalesque New York: Private capital deal value climbed 19% in 2024, according to the latest data from the Global Private Capital Association. Growth was driven by big-ticket investments across Southeast Asia, Latin America and Central & Eastern Europe (CEE). Investor confidence

  3. Opalesque Roundup: Citco: 77% of hedge funds achieved positive returns in January 2025: hedge fund news[more]

    In the week ending February 21st, 2025, a report revealed that hedge funds enjoyed one of their best opening months this decade in January, as Equity and Multi-Strategy funds posted strong returns. Funds administered by the Citco group of companies (Citco) delivered a weighted average return of 4%,

  4. Opalesque exclusive: Permuto's new equity unbundling product to change investment model[more]

    Opalesque Geneva for New Managers: Here is a different way of owning stocks coming to you soon: the option of holding just the dividend portion of a stock, independent of its price movements. Or capturing the stock&

  5. Opalesque Exclusive: Hedge funds outperform mutual funds in managing extreme risk contagion - key insights for investors[more]

    Matthias Knab, Opalesque for New Managers: Hedge funds and mutual funds are among the most prominent vehicles for investors seeking growth and diversification. However, a critical question persists: which fund ty