New York (HedgeCo.Net) – Wolf Hedge, a management company for Seven Sages Long Short Fund, has launched its second fund, Wolf Hedge Global LP. The fund’s registration has been filed in Delaware and the Cayman Islands.
Wolf Hedge will be taking minimum subscriptions of $1 million from accredited and institutional investors.
The fund, which is open to investors, will use a global macro trading strategy. It will invest in publicly trading equities, ETFs, currencies, bonds and insurance products.
Mark Malik, Wolf Hedge CEO and the fund’s manager, says: “Our focus will still be long-short but in a bigger and broader universe. We will invest internationally. The fund has started taking the subscriptions. Our exceptional portfolio management team will work very closely with our research department to identify long short opportunities in global markets. We are driven 100 percent by performance.”
The Management Company will charge 2% management fee and 20% performance standard fee annually. The fund will mostly invest in U-S and international equities. The fund manager Mark Malik said we have a robust tested long short strategy, and it is now time to utilize that in international markets. Mr. Malik has 10 years trading experience in U-S and international markets. Mr. Malik after graduating from City University of NY has spent a year and half at Harvard Extension School studying Law, Philosophy, Math and International economics.