Delray Securities, LLC expands its portfolio with its Oil & Gas Private Equity Fund
Delray Securities, LLC, an investment management firm specializing in the global energy, alternative energy, mining & mineral rights, and real estate sectors, launched the Delray Securities Oil & Gas Fund. This Offshore registered fund employs a blend of income and value equity investing strategy.
- (1888PressRelease) March 30, 2012 - The Delray Securities Oil & Gas Fund (the Fund) invests mostly in the mid to large cap equities of both private and public companies which are composed of: integrated companies, exploration and production companies, refiners and service companies, on a global basis.
The Fund's investment selection is driven by the fundamental analysis of features such as access to resources, capital intensity or mid-cycle returns. Supporting this strategy is Delray Securities, LLC's 19 years of experience as a leading global utility and energy sector specialist, enabling it to capitalize on the information arbitrage along the energy value chain. Furthermore, with over 20-years of oil and gas sector expertise the Fund's investment team is well positioned to capture the remarkable high dispersion of returns in this universe of companies.
The portfolio construction of the Fund is designed to maximize risk adjusted returns with low correlation to both the oil and gas sector and the energy commodity prices.
Mr. Steven Mueller, Chief Executive Officer for Delray Securities, LLC, says: "The oil & natural gas investment strategies employed by Senior Fund Managers at Delray Securities, LLC have been a very successful part of some of Delray Securities, LLC's other hedge funds for quite some time. We believe the remarkable market opportunities currently in this space will continue to be there for many years to come, which is precisely why we are now launching this strategy on a stand-alone basis".
Mueller went on to say, "We are convinced oil & gas companies will continue to engage in divergent strategic approaches to meeting the energy challenges of the world. By cross-referencing these choices with Delray Securities's analysis of the other actors in the global energy value chain, we believe we can seek out and capitalize on an information arbitrage which we expect to translate into superior returns for our investors".