EquityStar, Led by Steven Zoernack, Forms
Alliance with J.P. Morgan Securitiesfor
Brokerage, Trading and Custodial Services
June 08, 2010 11:15 AM Eastern Daylight Time
WASHINGTON--(EON: Enhanced Online News)--Traditional and alternative asset manager EquityStar Capital
Management today announced a new alliance with J.P. Morgan Securities. "EquityStar formed the relationship
because of J.P. Morgan's leading financial execution services as well as its position as a well-regarded credit
counterparty," says Steven Zoernack, Managing Partner at EquityStar. J.P. Morgan offers innovative solutions and
services across multiple asset classes and geographies and is committed to providing fund managers like EquityStar
with the right tools to help them grow a more effective and dynamic business by delivering the extensive capabilities
of the entire J.P. Morgan franchise.
EquityStar Capital Management is a socially responsible, multi-strategy investment and wealth advisory firm created
to provide traditional and alternative asset management exclusively for global institutional investors, retirement plan
sponsors and certain qualified individuals. The fund will trade in the universe of the 1500 most liquid global
companies and is open to new investors. By reinvesting some of the firm’s profits into African economies, EquityStar
will help give citizens of Emerging Nations the confidence to reinvest in their own economy by helping to open up
their markets to free trade and encouraging Foreign Capital.
EquityStar’s equity long/short strategy will aim for returns of 25-35% while attempting to keep volatility between 7-
10%. The market neutral strategy will attempt to hedge most of the general market risk and volatility (including ones
similar to the wild swings as of late) out of the portfolio. The new fund expects to raise $50 million by September
2010, with a target of $100 million or more by year end. Capacity of the fund is expected at $1.5B.
Some of the much sought after features of EquityStar i