Nautical Capital Management, an asset management company specialising in the development and management of commodity portfolios, has launched its commodity-based absolute return strategies.
The firm offers investors both systematic and discretionary absolute return and enhanced index strategies.
These commodity strategies, which are targeted to fund of funds, family offices, institutional investors and endowments, are intended to be diversified, comprehensive and tailored.
David Henritze, chief executive of Nautical Capital Management, says: “When you think of equities, you think of Fidelity, when you think of fixed income you think of Pimco and when you think of commodities we want investors to think of Nautical Capital Management. Our robust product suite allows institutional investors one stop shopping if they are interested in investing in this diverse asset class.”
Nautical Capital began managing partner capital in December and has already secured a USD20m commitment to launch two exchange-traded funds. The two products, scheduled for the second quarter of 2010, are listed hedge fund strategies systematically trading crude oil and natural gas.