Our partners shared a powerful idea: that a timeless investment strategy could be applied in a new way. Today, Longboard makes the innovation of hedge funds available to retail investors.
|1997||Longboard’s founders begin original trend-following research. The insights of successful hedge fund managers in Jack Schwager’s influential Market Wizards book series inspires our principals to choose trend following as their investment strategy.|
|2001||Founders Cole Wilcox and Eric Crittenden manage hedge fund investment portfolio focused on allocations to global macro and managed futures trend-following strategies.|
|2003||Cole and Eric form Blackstar Funds with seed capital from Market Wizard & Trendstat Capital Management founder Tom Basso. You can hear Tom Basso’s thoughts on his guest appearances on the Trend Following with Michael Covel podcast. Reference episodes 306, 200, 083 and 010.
Early investments include Winton and Transtrend.
|2004||Under Eric’s leadership, the Blackstar research team completes software development platform and global financial data engine.|
|2005||Cole and Eric publish “Does Trend Following Work on Stocks?”
Blackstar launches long/short equities investment strategy.
|2006||Trend Following research cited in The Journal of Finance.|
|2009||Our founders’ trend following research appears in the best selling books, The Ivy Portfolio: How to Invest Like the Top Endowments and Avoid Bear Markets (Wiley) and Trend Following (FT Press).|
|2010||Blackstar Funds becomes Longboard Asset Management. Longboard’s mission is to provide retail financial advisers with the highest quality alternative mutual funds.|
|2011||Michael Covel’s The Little Book of Trading features Longboard’s founders among other managed futures industry experts.
Longboard completes $5.5 million Series A venture funding round.
|2012||Fifteen years of trend-following research and investing produces our first alternative mutual fund, the Longboard Managed Futures Strategy Fund.|
|2014||Achieves $100 Million AUM (as of 06/26/14).|
|2015||We launch our second alternative mutual fund, the Longboard Long/Short Fund.|
|2016||The firm assets under management exceed $600 million (as of 6/30/16).|