{"id":6993,"date":"2008-01-14T00:00:00","date_gmt":"2008-01-14T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"vesuvius-hedge-fund-launch","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2008\/vesuvius-hedge-fund-launch.html","title":{"rendered":"Vesuvius Hedge Fund Launch"},"content":{"rendered":"<div>HedgeCo.net &#8211; Magma Fund Advisors,&nbsp;Ltd&nbsp;announced the launch of their&nbsp;first hedge fund, the Cayman domiciled&nbsp;Vesuvius Investment Fund, which&nbsp;opened its doors in January, 2008.<\/div>\n<div>&nbsp;<\/div>\n<div>The new hedge fund was formed for a select group of international investors, using approximately 10% of the funds gross assets to trade S&amp;P 500 futures contracts based on trends forecasted by Xybemomics.<\/p>\n<p>With&nbsp;Citigroup Global Markets&nbsp;as prime broker, the hedge fund has a 12 month lock up period, a 2% management fee and&nbsp;20% as performance fee. Vesuvius has a minimum investment of&nbsp;$1,000,000.<\/p><\/div>\n<div>&nbsp;<\/div>\n<div>The the Vesuvius Investment Fund&nbsp;will also, as secondary investment strategy, achieve consistent long-term capital appreciation by using approximately 90% of the hedge fund&#8217;s assets to hold cash, or other risk adverse positions, in order to offset the risk associated with trading futures.<\/div>\n<div>&nbsp;<\/div>\n<div>Magma Fund Advisors was founded in 2007 to secure high quality investment returns for institutional investors and high net worth individuals by applying a diverse range of investment products.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>HedgeCo.net &#8211; Magma Fund Advisors,&nbsp;Ltd&nbsp;announced the launch of their&nbsp;first hedge fund, the Cayman domiciled&nbsp;Vesuvius Investment Fund, which&nbsp;opened its doors in January, 2008. &nbsp; The new hedge fund was formed for a select group of international investors, using approximately 10% of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-6993","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=6993"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6993\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=6993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=6993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=6993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}