Olean Capital Management CTA, in conjunction with Armory Advisors, has launched Olean Capital Management CTA, Systematic FX Trading Program, tailored to family offices, ultra-high net worth individuals and institutions.
Olean Capital applies systematic trend following strategies across a broad portfolio of spot foreign exchange (FX) pairs.
Olean’s primary strategy combines signal generation based upon various price and sentiment indicators with market tested risk-reward profiles to capture alpha in medium term FX moves.
Plans for an institutional fund, Armory FX, with partner Armory Advisors are being finalised for an early 2015 launch.
Founding partner and managing director Thomas Pastore brings a wealth of experience of over 20 years in the financial industry with major firms CIBC Oppenheimer, Olde Discount and RLM Trading. Co-founder and director of research David Rakus also brings 20 years past trading experience as a portfolio manager for various high profile hedge funds including Tudor Investment Group and Gracie Capital. Todd McDonald brings 16 years of FX trading experience from his former role at Standard Chartered Bank as managing director and head of FX trading Americas.
Armory Advisors was founded in 2003 to invest in event-driven value opportunities.