Pelican Bay Futures Management

CTA / Program YTD Inception
0.00 9/1/2007

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

Pelican Bay is a Commodity Trading Advisor registered with the Commodity Futures Trading Commission and member of the National Futures Association located in Miami, Florida. Anthony Gallea is the sole principal of Pelican Bay and the creator and manager of our trading strategy. Mr. Gallea has been involved in trading futures since 1984 for both clients and his personal account. At Morgan Stanley Smith Barney (MSSB), he is also a Senior Portfolio Management Director in their Portfolio Management Group and a Managing Director in Global Wealth Management. He has been with MSSB and its predecessor firms for over 30 years. In 2005, Mr. Gallea became interested in offering managed futures exposures for his Team's clients at the firm. After researching various alternatives, he concluded he could construct a viable trading strategy that could meet client needs. And so, research on the strategy began that year and continued throughout 2006. Initially, he traded our intra-commodity spread strategy for his own account, gradually expanding it to his partners at MSSB and then, clients. By 2007, several accounts were trading the strategy and he then retained auditors to provide an independent and ongoing audit of the accounts in order to build a performance database. In 2009, he approached Morgan Stanley Smith Barney to ask permission to open a new CTA, Pelican Bay Futures Management (PBFM). That request was granted and in 2009, the CTA was formed and registered with the NFA. The strategy today remains essentially unchanged from its research foundations. Over time, minor adjustments have been made, mostly in the area of risk and money management. In early 2009 Tony began the research foundation for the Directional Trading Strategy. He managed proprietary money for two years before offering this strategy as an option to clients. This program was officially launched in November 2010 with the first month of audited track record. The basic concept remains unchanged: Commodities have exhibited historic seasonal tendencies, and in creating long/short spreading pairs in those commodities, we seek to generate profits for our clients.
Portfolio Manager
Michelle Gallea
Commodity Trading Advisor (CTA)
NFA 049559
United States of America