Olympia Capital Management Launches the Olympia Energy Fund

Written by admin on April 25th, 2011

Benedicte Gravrand, Opalesque London: Olympia Capital Management launches the Olympia Energy Fund, a diversified multi-strategy energy related fund of hedge funds with an initial investment of 50M$ provided by a leading international energy company. The Cayman registered Olympia Energy Fund seeks to exploit the energy commodity market inefficiencies in order to generate absolute returns. This product is dedicated to long-term capital appreciation and will allocate to hedge funds investing in all the components of the energy and energy related markets employing CTA, global macro, long/short, equity market neutral and physical trading strategies.

Guido Bolliger, Olympia’s Co-CIO told Opalesque in an email communication that energy was probably the sector that offered the best opportunity set of the financial industry for the forthcoming year. “In our opinion, it can be compared to the internet sector at the beginning of the nineties. The need to find alternative sources of energy will attract huge amount of capital to finance research and development projects. On top of that, investing in real assets like energy provides the best protection against increasing inflation.

Olympia Energy Fund targets a Libor + 5% to 10% annualized return on the medium term (3 years) with an annualized volatility below 15%. It is Olympia’s second commodity-focused fund of hedge funds. In July 2007, Olympia Capital Management successfully launched Olympia Sucden Commodity fund

Source:Olympia capital management

 

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