Bringing you live news and features since 2006 

Man invests USD50m in 5:15 Capital Management’s flagship product

RELATED TOPICS​

Man Investments has made a USD50m long-term investment in 5:15 Capital Management’s flagship product through its hedge fund ventures programme.

Man Investments has made a USD50m long-term investment in 5:15 Capital Management’s flagship product through its hedge fund ventures programme.

5:15 Capital Management is a Greenwich, Connecticut based asset management firm that employs global fixed-income arbitrage strategies with a macro overlay.

‘5:15’s team, its strategy and its existing portfolio fit well with RMF Global Emerging Managers’ continuing programme of investing in emerging fund managers,’ says Hans Hurschler, head of hedge fund ventures at Man. ‘We are happy to have identified this promising new manager early in its development and we are confident that 5:15 will provide superior returns for its investors.’

EG Fisher, managing partner and portfolio manager at 5:15, says:  ‘Attracting Man as a long-term investor brings more than just substantial investment capital, it demonstrates their confidence in our ability to succeed in the fixed-income arbitrage space. Man clearly sees the opportunity in investing in a firm in which its employees have a long working history and solid record.’
 
5:15’s team has a long profitable record, having served as the core of Greenwich Capital Markets’ successful proprietary trading business and Brevan Howard’s Connecticut office for the past 16 years. During this period they have generated consistent positive returns without a down year and never had more than three consecutive down months. 

5:15 invests primarily in G7 government bonds and related highly liquid products with fully transparent pricing. It employs a two pronged trading system: the first is an arbitrage approach whereby discretionary trades are evaluated and structured via proprietary models to perform well in the current global market; the second is a macro approach where the team’s arbitrage expertise is leveraged to structure the trades such that their risk/return profiles are optimised. 

Man has invested in 5:15’s flagship fund through its RMF GEM product. Man’s interest in the fund will entitle it to certain beneficial rights not available to other investors, except in certain limited circumstances, including the ability to run shadow risk management and fund administration systems, Most Favoured Nation status, and a share of the performance allocations.
 
Man will not be able to redeem its investment from 5:15’s fund until 30 June  2011, except in certain limited circumstances.

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by