23/06/2010 Author: Elana Margulies

Equilibrium on the look out for strategic alliance

Equilibrium Asset Management, a Monaco-based futures manager, is seeking a strategic alliance for its flagship futures offering.

The futures manager is open to selling a minority stake in any potential deal and is speaking to a European bank and family offices that have expressed interest.

Alex Krainer, the firm’s portfolio manager, is looking for an institutional partner to help Equilibrium structure the business.

Equilibrium, which launched in November with friends and family capital, is trend-following in diverse financial and commodity exchange-traded futures. It implements medium-to-low frequency trading. The strategy has a $1bn capacity.
Equilibrium is also open to launching managed accounts for investors and currently runs one.

Prior to forming Equilibrium, Krainer was a derivatives proprietary trader at GEG Group, formerly Berkshire Management.

Equilibrium has a $100,000 investment minimum, 2/20 fees and no lock-up. NewEdge is the prime broker.

Equilibrium is down approximately 12% YTD through May. Last year it returned just over 1%.