Hedge Funds

Rotella debuts two funds


Rotella Capital Management of Kirkland, Wash., has added two new funds to its CTA platform. The firm, which specializes in global futures and foreign exchange, launched a new short-term program and a higher-leverage program to complement its existing managed futures strategy, the Standard Leverage Program.

Orion, the new short-term strategy, seeks to capitalize on short-term trends with a target of 15% to 20% average annual returns and a maximum 10-day average holding period. Orion is expected to have a capacity of approximately $500 million.

The higher levered, medium-term strategy is called Sirius. That fund is targeting 25% average annual