Atlantic Capital Advisors LLC : Global Diversified Program

Summary

The Global Macro Diversified portfolio began trading in February 2006, with proprietary trading methodology designed by Andrew Taylor. The goal is to achieve solid returns with consistent and highly disciplined risk management - models are robust and adapt to changing market conditions, incorporating information from various data streams including market fundamentals.

Investment Strategy

Trading methodology utilizes statistical or system-based models, analyzing price-oriented and fundamental data, and discretionary economic and market analysis, including information flows, accessed through a broad array of contacts developed through many years of experience in commodities trading. Trading activity focuses on short to medium term flat-price trading and a variety of relative-value strategies including seasonal/calendar futures spreads and inter-commodity relative-value trades. Each approach is intended to have non-correlated returns and options are traded actively (almost exclusively from a limited risk, ie net positive gamma perspective), depending on valuations and risk management assessment.

Risk Management

All trades undergo quantitative and discretionary analysis determining position-sizing and initial stop levels. Strict risk parameters are assigned to each strategy and each trade, with portfolio margin-to-equity ranging between five percent (5%) and twenty percent (20%). Risk is monitored on a constant real-time basis through electronic trading platforms and the company’s internal risk management systems, along with options analysis (when relevant) and detailed profit and loss reporting. Risk management adjustments are made via futures (including spreads) and/or options strategies.