West Palm Beach, FL (www.hedgeco.net) – SJL Capital LLC, Registered Investment Advisors, has launched its maiden hedge fund, SJL Capital Hedge Fund I. The new fund will began trading on September 6th according to the firm, and is domiciled in Connecticut.
SJL Capital’s portfolio manager Matthew Rossi explained to us, “The fund will employ an equity long/short strategy along with an opportunistic strategy to managing its hedge fund with the objective of providing superior returns over the long term in rising markets, preservation of capital in down markets and added value in flat markets.â€Â
SJL Capital sees its fund as “having an advantage over other hedge funds by applying a wide array of investment criteria along with a proprietary quant program, tested and implemented with success for over 10 years, which is unique to SJL. This fund can provide returns that are not closely correlated with traditional markets. The resulting portfolio thereby offsets traditional market risk and adds a new level of diversification,” according to the firm.
SJL Capital’s Manager, Matthew Rossi, has been managing private funds and is looking forward to bringing his 15 years of investment expertise to the alternative investment community.
The minimum investment requirement is $10,000, and the fund carries a management fee of 2% and a performance fee of 20%, as well as a 5% hurdle rate and a high watermark provision. The fund is presently raising capital and is looking to close in the near term; it also has a one year lock-up provision.
For further information visit: http://www.sjlcapital.com