IStar Capital B.V.

Netherlands-flagNetherlands Type: Commodity Trading Advisor (CTA) Registrations: FCA ID: 471186
Program Past 12 Months Dec 2020 CAROR WDD AUM Min Inv Visits
IStar Systematic Fund archived programs N/A 1.00 -15.32 $ 1,000k 8550

Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial.

Portfolio Manager

Rudolph Shally

CTA Introduction

IStar Capital B.V. is an Amsterdam based asset management company established by two former traders from AIG Financial Products. The company has a systematic investment strategy in commodities, financial futures and emerging market currencies (approximately 50 markets). In May 2011, IStar Capital signed a seed investment deal with IMQubator, the hedge fund seeding platform backed by APG. IMQubator has committed $ 35mln to the IStar Systematic Fund, a sub-fund of the Luxembourg based Privium Selection Fund SCA SICAV-SIF. The strategy is combination of medium-term trend-following, currency carry strategies and a small discretionary risk management component.

Thomas Artarit
Prior to co-founding IStar, Thomas spent 6 years at AIG FP where he was in charge of managing a multi-billion dollar FX/fixed income/commodity hybrid business based in Tokyo. This was the largest risk for the firm (ex credit). He started as a quant at Societe Generale Paris in 1994. Then he worked as an FX option trader at Banque Indosuez, followed by CIBC FP. In 1999, he joined GenRe FP, a subsidiary of Berkshire Hathaway, in Tokyo to run the hybrid business. He has 2 masters degrees, one in pure mathematics (algebraic geometry ) – Faculté d’Orsay / Ecole Normale Supérieure- and one in stochastic calculus – Paris La Sorbonne.

Rudolph Shally
Prior to co-founding IStar, Rudolph worked for 10 years at AIG FP in London where he was responsible for the management of multi-billion dollar commodity index options portfolio and other commodity and equity derivatives and is the author of the AIG FTI (the predecessor of MFT). Previously he was the head of risk management at Reliance Industries and pior to that (in the 90s) he was a derivatives trader at Citibank in New York and Toronto, where he started Citibank’s commodity derivatives business. He has a doctorate in theoretical physics from Charles University in Prague and did a postdoctoral fellowship in high energy physics at Carleton University.