Hedge Funds

Chapwood Capital plans two new strategies

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Chapwood Capital is planning to expand its hedge fund platform with the launch of two new strategies in the first half of 2006.

First out of the gate will be an energy fund, a niche strategy that will seek to exploit the sector's upswing through real estate investments. Details on the second fund in formation could not be learned.

Ahead of the new launches, the firm has promoted Bronwyn Owen to head business development. Owen, a marketing specialist, has been with the White Plains, N.Y.-based investment shop since its launch last year. Prior to Chapwood, Owen served as a