By the end of 2014, Mr. K.D. Angle’s total assets under management went over the 100 million dollar level for the first time in his career. Angle exclusively operates in the managed futures industry and operates three registered Commodity Trading Advisory firms (CTA), with one of them being registered as a Commodity Pool Operator.
The names of the CTA firms are; Angle Capital Management llc, Keck Capital Management llc and Kelly Angle Inc. Angle Capital Management llc is also registered as a Commodity Pool Operator. All firms operate as 4.7 exempt firms.
Total assets in the firm was reported to be 22.4 million dollars in July , 2009 and as of December 2014, assets under management for all firms has grown to 112 million dollars. The reason for the majority of growth in assets under management was from producing net new profits from the markets with their investment programs.
Angle’s flagship product and fund is the AIP Program and the Angle Investment Partners LLC Fund, which gives clientele the ability to participate in both of Angle’s systematic and diversified investment programs, (the Genesis Program - as operated by Kelly Angle Inc. and the Keck Program - as operated Keck Capital Management), as a single allocation investment vehicle, which are equally weighted in the AIP Program.
As reported by:
Angle Capital Management LLC
774 Mays Blvd, #10-375
Incline Village, NV 89451
Tel: (775) 624-8914
Fax: (775) 546-9999
Email: [email protected]
We have some positive developments to tell you about. Indeed, we wanted to share some great news with you. The Molinero Capital Management team is joining Briarwood Capital, which will become Briarwood Molinero International. This is of tremendous benefit both for you and for us. Fred Schutzman (CEO of Briarwood) and Rafael Molinero (CEO of Molinero) have known each other for over 10 years and have discussed pursuing a joint venture for the last three years. Both Briarwood Capital and Molinero Capital have strong research and trading capabilities as well as impressive technology, with automated front to back office operations. The merging of these two teams will bring many benefits to our clients and to our firm:
Improved R&D capabilities, both in terms of a new research platform and the ability for me and Rafael to collaborate on research.
Advanced automated electronic trading using smart execution algorithms. This will reduce commission and slippage costs, resulting in improved performance for clients.
Enhanced automated back and middle office operations. All back office operations will be automated to a greater degree and we will create dedicated secured websites for our clients to follow their performance.
Two world-class portfolio managers on our staff.
Let us stress that these are pure enhancements. Nothing is being taken away, only added. The current Briarwood Diversified Trading Program and the current Molinero Global Markets Program will remain as they are. We will also offer a combination of these two programs. Thanks to the very low correlation between these programs (approximately 17%), the new combined program exhibits very strong statistics (an improvement of 30% in Sharpe). Briarwood Molinero International (BMI) will, as a result, be able to offer a broader set of programs to our clients and improve our infrastructure as a firm, which are great positive points for our clients.
We are confident that the future of Briarwood Molinero International looks bright. Thank you again for your support. We will be happy to further discuss these improvements with you, as well as give you more information on the new programs offered. If you have any questions, please do not hesitate to reach out to us (at [email protected] or any Briarwood or Molinero email address, which will still be functional).
Fred G Schutzman, CMT & Rafael Molinero
COLORADO, August 25, 2014 - Northfield Trading LP, a leading alternative investment manager specializing in quantitative Managed Futures Strategies, recently announced that its Partners had decided to cease operations after 25 years in the industry and return $100 million of client assets. Founded in 1989 by Douglas Bry and Philip Spertus, Northfield utilized systematic trading strategies to manage money for institutional and individual investors globally.
The Partners and entire Northfield team wish to express their gratitude to investors, service providers, and industry colleagues for 25 years of support and friendship.
Northfield Trading LP
3609 South Wadsworth Blvd.
Denver, Colorado 80235-2110