This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Bridgehampton Capital Management LLC Announces Launch Of Its First Mutual Fund

Bridgehampton Capital Management LLC, a manager of long-biased hedged and unhedged investment partnerships and privately managed accounts, has announced the introduction of the Bridgehampton Value Strategies Fund, its first open-ended mutual fund.

The Bridgehampton Value Strategies Fund (the “Fund”) seeks higher returns and lower volatility than the S&P 500 Index over a three to five year time horizon. The Fund pursues this investment objective by employing a combination of long-biased and market neutral arbitrage trading strategies that principally entail investments and hedges in common stock, convertible securities, and debt securities issued by companies of any market capitalization, primarily in the United States. In addition to long investments in fixed income and equity securities, the Fund will also deploy convertible arbitrage, event-driven arbitrage and fixed income arbitrage strategies, among other investing and trading strategies. We believe the Fund’s flexible mandate, fundamental research process and experienced management team set this Fund apart.

Kenneth E. Lee, the portfolio manager of the Fund said, “We have designed this strategy around how we want our own money to be managed: flexibly, in order to deploy capital efficiently to different asset classes and strategies as they become attractive. As a result, we have been managing money this way at Bridgehampton Capital since 2006, and our sincerest hope is that a broader group of investors can benefit from this new structure.”

The Fund will trade under the ticker symbol BVSFX. The Fund is managed by the senior team of Kenneth E. Lee, the portfolio manager of the Fund and the founder and managing member of Bridgehampton Capital Management LLC (“BCM”) and Charles D. Morgan, partner and co-manager of investments for BCM. Mr. Lee, prior to founding BCM in 2005, was most recently Managing Director at Saranac Capital Management LLC, a spinout from Salomon Brothers Asset Management and Citigroup Alternative Investments. Mr. Morgan, prior to becoming a partner at Bridgehampton in 2008, was most recently CEO and Chairman of Acxiom Corporation (ticker symbol: AXCM), based in Little Rock, Arkansas. Both Mr. Lee and Mr. Morgan have investments in BVSFX.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,390.75 -34.10 -0.21%
S&P 500 1,859.33 -2.98 -0.16%
NASDAQ 4,078.3920 -7.8330 -0.19%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs