Trident Capital Management LLC

United States-flagUnited States Type: Commodity Pool Operator (CPO)
Commodity Trading Advisor (CTA)
Registrations: NFA ID: 506236
Program Past 12 Months Nov YTD CAROR WDD AUM Min Inv Visits
Trident Futures Fund LP chart thumbnail 1.70 13.49 - -6.06 $ 11.9M $ 1,000k 214

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

CTA Introduction

Trident Capital Management LLC (“Trident” or “Trident Capital”) is a systematic, diversified, global macro strategy that provides exposure to fixed income, equities, foreign exchange, and commodities through managed futures. Combined with proprietary Momentum Models created for the post-2008 trading era, Trident features two unique models: the Vega and Risk Regime models, which use proprietary measures of market volatility and risk appetite to add stability and consistency to Trident’s portfolio. These models are meant to be especially valuable in times of crisis by either being “short” equity or “long” fixed income, or both.

Trident Capital Management LLC is a quantitative, systematic, global macro alternative investment manager headquartered in Chicago, Illinois. The Principals, collectively, have over 80 years of trading, research, and market experience in Equities, Indices, Commodities, Foreign Exchange, Options, and Interest Rate Products. The team has created, designed, and implemented both trading models and automated trading systems. Trident Capital is registered with the CFTC and is an NFA member as a Commodity Trading Advisor and Pool Operator (CTA and CPO). Please be aware that Trident Capital is a “4.7” CPO and CTA and, as such, limits its clients to “qualified eligible persons” as defined in applicable CFTC rules. We offer our services only through our disclosure document.

At Trident, we seek to use our combination of deep market experience and strong research and quantitative skills to create diversified portfolios of futures, across different markets, that produce returns intended to be uncorrelated with traditional asset classes, as well as other managed futures strategies. We believe our proprietary quantitative models will produce favorable risk adjusted returns while preserving capital in volatile market conditions. Further, we believe that the interplay of fixed income with other markets creates unique global macro exposures that can produce profits in a diverse array of market environments. Moreover, our three-pronged risk management process was created with the intent of preserving capital and adding value in difficult times. Our portfolios will trade outright futures positions in various markets, as well as intermarket and intra-market spreads to express its risk.

At Trident, the strategies are designed for a diverse client base of institutions, family offices, endowments and high net worth individuals that are “qualified eligible persons.”. Trident Futures Fund, LP, our commodity pool, has two share classes that are intended to target specific risk appetites, and only offered through our Private Placement Memorandum to “Qualified Eligible Persons”. One targets a volatility that is about 25% lower than the long-term volatility of S&P 500 Index and the other targets a volatility slightly higher than the long-term volatility of the S&P 500 Index. Of course, there is no assurance that these targets will be achieved. For large professional investors, Fund of Funds and Institutions, we offer Separately Managed Accounts, so that their typically large investments have greater transparency and liquidity. For clients looking to manage their interest rate exposure or sensitivity, including real estate developers & fixed income managers, Trident can customize portfolios to meet specific needs. We can also design portable alpha portfolios to compliment and diversify traditional long only equity and fixed income and other diversified portfolios looking to reduce volatility.

Jay Feuerstein, Founder & CEO of Trident Capital Management, LLC ("TCM"), and Founder and Partner of DFG Holdings LLC the parent company of TCM. Mr. Feuerstein has over 30 years of experience in managed futures. Most notably as the Founder and CEO of Xenon Capital Management which was seeded by Goldman Sachs Asset Management (GSAM) in 2001 and grew to approximately $1 billion in AUM. Ultimately, Xenon became a part of Manning & Napier in 2014, and Mr. Feuerstein was Head of Alternative Investments for the $54 billion asset management unit while managing a portfolio of $1 billion in managed futures. From 1987 to 2001, while at Drexel Burnham Lambert, Lehman Brothers and Bear Stearns, Jay traded landmark positions in complex portfolio engineering, managed futures arbitrage, risk management, and hedging trades. Feuerstein was named Futures Magazine Top Trader in 2008 (+43% FY 2008), was a Hedge Fund Magazine Pinnacle Awards finalist four times, and won the performance award from IAIR Magazine as the top U.S. Managed Futures strategy for 2011 and 2012. Mr. Feuerstein earned his MBA in finance from the University of Chicago and his B.S. from the University of Illinois.

R.J. A. D'Orazio is CoPresident
of Trident Capital Management, LLC ("TCM"), as well as a Founder and Partner of DGF Holdings, LLC, the parent company of TCM. In his capacity at TCM, he is responsible for operations management and legal oversight. In addition to his roles and duties at both of the aforementioned firms, he is also the Founder and CEO of D'Orazio Capital, LLC, a single family investment office with multiple, direct investments in private, industrial based businesses throughout North America. Prior to founding D'Orazio Capital, LLC, R.J. was CEO of Collision Revision, Inc., the seventh largest, U.S.based automotive collision repair company with centers throughout Illinois, Indiana and Florida. Mr. D'Orazio has a BS in Business and is active supporter of various political and charitable organizations, with a particular interest in child related healthcare and education. R.J. is also a member of the Young Presidents Organization, Chicago Chapter since 2013.

Matthew Gray is the CoPresident of Trident Capital Management LLC ("TCM"), and Founder and Partner of DFG Holdings LLC the parent company of TCM, responsible for the overall legal and operational direction of the firm. Mr. Gray has over 30 years of experience in the financial services industry. From 1992 to 2000, while at G Bar Limited Partnership, Mr. Gray was a Floor Trader on the CBOE, and CBOT, trading proprietary capital in equity options, equity index options, and bond options, and was responsible for risk management as well as recruitment, training, and supervision of over 80 traders. Mr. Gray started as a floor trader and ultimately was named President of G Bar Management Corp, G Bar Limited Partnership's general partner. G Bar Limited Partnership was the seed capital of OptionsXpress, which went public and was acquired by Schwab in 2011. Mr. Gray is a Principal at G Bar Ventures LLC, a large Chicago based Family Office with investments in Hedge Funds, Private Equity, Venture, and Real Estate funds, as well as direct investments in operating companies. Mr. Gray was a Member of the Chicago Board of Options Exchange and sat on the Membership, Exemptions and Arbitration committees, as well as being a Member of the Chicago Board of Trade. Mr. Gray is a member of YPO Gold and a past member of the YPO, Chicago Chapter, and a Board Member of Ann & Robert H. Lurie Children's Hospital of Chicago. Mr. Gray attended Washington University, graduating in 1991 with a joint BS/MBA in Mechanical Engineering, and Finance and Operations degrees. Matthew Rawlings is the Head of Marketing & Investor Relations at Trident Capital Management LLC ("TCM"). Before joining TCM, Matthew was a Partner and Head of Marketing & Investor Relations of Brightlight Capital. At Brightlight he grew the firm from $13 million in AUM to over $250 million in less than four years. Prior to Brightlight Capital, Matthew was a director at James Alpha Management, LLC, a large family office specializing in the seeding, launching, and distribution of hedge funds, and responsible for marketing and sales activities across all channels for the firm's alternative investment products, as well as firm wide operational assistance and support. He formerly worked as a Vice President Senior Product Specialist for FrontPoint, the alternative investment division of Morgan Stanley, focusing on the Healthcare, Financial Services, and Utility and Energy hedge funds. Matthew was born and educated in England and received his Bachelor of Science Degree in Economics (with honors) from Fordham University. Matthew graduated first in his class in his major field of study and was Series 3, 7 and 63 Registered.