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Flagship Capital Continues to See Momentum

Monday, 12 July 2021 05:50 PM

DALLAS, TX / ACCESSWIRE / July 12, 2021 / Flagship Capital, a hedge fund restructured during the pandemic by owner Casey Pond, continues to ride its growth and momentum into the summer months. The second half of 2021, however, is forecasted to be even more exciting for the company, as the strategic partnerships made over just the past couple of quarters have been very beneficial for Flagship Capital, and its clients are going to be pleased with the investment menu it will be rolling out in the third quarter.

Flagship Capital, Monday, July 12, 2021, Press release picture

In addition to its Ternary Strategy, Flagship Capital's expanded menu will include both a FOREX and a crypto strategy by the end of the third quarter. The fourth quarter will be equally strong, with the launch of its Private Equity and Venture Capital Fund as well.

With the Private Equity Fund, Flagship Capital is currently in early stage discussions of potentially joining BOSS Bank to help with its cap raise for the entire seed round. BOSS will be a private crypto bank out of Miami, and Flagship Capital is very excited about its potential. BOSS is currently in its development phase with its prototype, but it has the potential to be a disrupter across a handful of different industries. Between member-access to exclusive on-demand luxury concierge services, AI, blockchain and quantum computing for travel, it is truly an all-in-one application. "It can really disrupt the rideshare industry with a ‘white glove' quality approach rather than the current quantity approach it currently identifies ride shares with," Mr. Pond added.

Then there is also the boss coin, specifically for DeFi rewards holders. Mr. Pond optimistically said that "with crypto really turning the corner and with the growing appetite we are seeing investors are having for it, the timing for BOSS is perfect as they begin seeking seed capital. Flagship Capital anticipates that it will be oversubscribed fairly quickly as they start rolling it out."

Flagship Capital is enjoying considerable momentum as it rolls out the new strategies and hires aggressively. Even so, like any business, it navigates challenges day in and day out. As Mr. Pond says, "Between being the portfolio manager of our leading Ternary strategy and the managing principal of a growing company that is in full scale mode, there are just not enough hours in most days. However, the company is building out a strong C-suite team to help manage the business side of things. Delegating tasks doesn't come easily to me, but I've learned to abide by the saying, ‘Do what you do best and delegate the rest.'"

Flagship Capital's vision for the future is ambitious. With the traction it currently has been seeing with its proprietary Ternary Strategy and now with the launching of FX, crypto, and its Private Equity Fund, Flagship Capital forecasts that it will be a $500 million fund in five years.

What makes Flagship Capital unique is a combination of its alternative strategies, and the current state of the markets. The timing could not be any better for a fund like Flagship Capital. Investors, of course, have been enjoying a long bull run, having benefited from continued new market highs for the last few consecutive years. The industry lately, though, has been seeing major allocators looking to realize their gains and consider alternative strategies that limit traditional market exposures. Consequently, with Flagship Capital's Ternary approach and soon with its FX and crypto rollouts, it is very well-positioned as it enters the second half of 2021.

The remainder of 2021 will see a new host of challenges that Flagship Capital is already beginning to address. Its strategies are currently private and closed-end funds, and each strategy has limited subscriptions. Because of the excellent traction it is currently seeing with subscriptions and soft commitments, managing the available LP's can be challenging in itself. However, that, of course, is the kind of challenge every fund manager welcomes.

Flagship Capital
Casey Pond
[email protected]

SOURCE: Flagship Capital

Topic:
Company Update
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