NewGen reports 2010 perfomance for the NewGen Mining Fund SPC and NewGen Mining Fund LP of 88.7% (net) and 84.4% (net), respectively.
NewGen announces the launch of the NewGen Mining Fund LP for Canadian Accredited Investors.
NewGen launches the NewGen Mining Fund SPC for offshore investors.
Mr. Dattels, CFA, has over 10 years experience in the finance industry with a focus on metals and mining.
Prior to founding NewGen, he was co-manager of the RAB Special Situation Fund at RAB Capital PLC, a UK-based hedge fund group where he worked from 2006 to 2009. This fund was rated the Best Energy & Natural Resources Fund by Hedge Funds Review in 2007 and ranked No1 in Barron’s Hedge Fund 50 Global rankings in 2007.
In his early career, Mr. Dattels was based in London, UK as an equity research analyst for Canaccord Adams, an independent Canadian investment dealer. His research covered small and mid-capitalization mining companies with an emphasis on gold and base metals. He also has experience in research and investment banking for a small Canadian investment boutique.
He graduated from the University of Western Ontario with a BA (Hons) in Economics and is a CFA Charterholder.
Mr. Chang has over 12 years of capital markets experience.
Prior to joining NewGen he was a consultant to Victoria Gold, a fast-growing gold company with projects in Nevada and the Yukon. He was previously a portfolio manager and co-founder of SouthShore Capital Management, which advised the Ark Canadian Long/Short Equity fund, a top decile performer in Canada in 2008.
Mr. Chang also worked as a senior research analyst at Epic Capital Management, a prominent top performing Canadian hedge fund several years running. At Epic he focused on fundamental mining and resource related research and was part of the fund’s growth from $20 million to $330 million.
He also worked in the precious metals research group at BMO Capital Markets, which was top ranked by Brendan Wood during his tenure.
He graduated from the University of Western Ontario with a BA (Hons) in Finance and Economics.
Mr. Rowan has 5 years industry experience, having worked at the CPP Investment Board, one of Canada’s largest asset managers with over $140 billion in assets. He was most recently a Portfolio Manager in the Global Capital Markets group co-managing the fund’s passive global indexes, executing orders on behalf of all groups outside of Capital Markets, and managing a proprietary book focused on several strategies including risk arb, index events, pairs trades and catalyst event driven opportunities. He manages the orders of the fund, advising on the timing of entry and exit points of positions, monitoring position size and risk levels, and devising and implementing hedge strategies. He graduated from the University of Western Ontario with an Honours in Business Administration (HBA) from the Richard Ivey School of Business. He is also a CFA Charterholder and has completed numerous industry licensing courses.