Last Atlantis Launches Global Macro Program within Last Atlantis Master Fund
St. Thomas, Virgin Islands, August 13, 2006 --(PR.com)-- Last Atlantis Capital Management, LLC (St. Thomas, USVI) announces the launch of The LACM Global Macro program within the Last Atlantis Master Fund. The program is a long/short, directional strategy structured to identify opportunities across US equity asset classes drawn from 36 sectors and 9 styleboxes. The manager seeks to deliver positive absolute returns through the use of a proprietary Institutional Participation Index.
Using over 40 touch points, the Index provides a rigorous assessment of asset classes and sectors to gauge the breadth of institutional investor participation in the US equity market. The manager quantifies the relative strength of the trend to produce an opinion of what may be occurring below the surface.
Long positions are taken in the strongest sector and stylebox when the Index is expanding; conversely, short market positions are taken in the weakest sectors and asset classes when the Index is contracting. Periods of expansion and contraction typically last 2 to 10 months.
LACM will access this program either through a managed account or through an investment into a fund.
About Last Atlantis Capital Management, LLC
Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is master-feeder offering currently providing investors access to eleven segregated share classes with individual fund strategies incorporating proprietary and discretionary options, trend following futures, multi-strategy, long/short statistical arbitrage, and others. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis “Turtles”, and the incubator and trading technology of Last Atlantis Capital, LLC, a professional trading firm.
For more information, please contact Tom Heffernan via phone at 1-340-777-5170, via email at theffernan@lacm-usvi.com or online at www.lacm-usvi.com.
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Using over 40 touch points, the Index provides a rigorous assessment of asset classes and sectors to gauge the breadth of institutional investor participation in the US equity market. The manager quantifies the relative strength of the trend to produce an opinion of what may be occurring below the surface.
Long positions are taken in the strongest sector and stylebox when the Index is expanding; conversely, short market positions are taken in the weakest sectors and asset classes when the Index is contracting. Periods of expansion and contraction typically last 2 to 10 months.
LACM will access this program either through a managed account or through an investment into a fund.
About Last Atlantis Capital Management, LLC
Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. The Last Atlantis Master Fund is master-feeder offering currently providing investors access to eleven segregated share classes with individual fund strategies incorporating proprietary and discretionary options, trend following futures, multi-strategy, long/short statistical arbitrage, and others. The company is founded on the experience and expertise of managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis “Turtles”, and the incubator and trading technology of Last Atlantis Capital, LLC, a professional trading firm.
For more information, please contact Tom Heffernan via phone at 1-340-777-5170, via email at theffernan@lacm-usvi.com or online at www.lacm-usvi.com.
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Contact
Last Atlantis Capital Management
Michael DeMeritt
340-777-5170
www.lacm-usvi.com
For more information, please contact Michael DeMeritt via phone at 1-340-777-5170 x215, via email at mdemeritt@lacm-usvi.com or online at www.lacm-usvi.com.
Michael DeMeritt
340-777-5170
www.lacm-usvi.com
For more information, please contact Michael DeMeritt via phone at 1-340-777-5170 x215, via email at mdemeritt@lacm-usvi.com or online at www.lacm-usvi.com.
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