Updated: Dec 9, 2020
Buttonwood expands distribution of the Energy Arbitrage program to the RIA community
CHICAGO, IL, October 20, 2020 – Galaxy Plus, a platform for managers and investors providing an institutional level, “managed account like” experience in alternative assets, is pleased to congratulate our client, Buttonwood LLC, (“Buttonwood”) a Dallas based Commodity Trading Advisor for onboarding their product onto the Schwab Alternative Investment Marketplace™ platform. Buttonwood is a liquid alternative investment manager that operates a discretionary arbitrage energy trading program for qualified investors on the Galaxy Plus platform.
“We are excited for the Galaxy Plus Buttonwood fund because this provides another channel of distribution. Helping Buttonwood gain access to the RIA community was a key step forward in our continued goal of increasing distribution and connecting our managers to new channels of investors,” said David Young, President of Gemini Alternative Funds, LLC the Sponsor of Galaxy Plus.
The Buttonwood Energy Diversified 1 strategy is a discretionary fundamental energy trading program, focusing primarily on spread and arbitrage opportunities. The portfolio manager leverages extensive commercial relationships to identify trading opportunities and takes advantage of the fragmented nature of the energy markets to structure hedged positions. The strategy trades across the energy complex, taking advantage of opportunities in natural gas, propane, crude oil, gasoline, and heating oil.
“Buttonwood is excited that our Energy Arbitrage program is now included on the Schwab platform, through Galaxy Plus.” said John Vassallo, one of the founding members of Buttonwood LLC. “Trading the energy markets since the late 1980s, we recognize that some environments are more conducive to our approach than others. The volatility in the energy markets throughout this year has served us well. I do not see a shortage of volatility going forward in the energy markets, so we look forward to the opportunities in front of us.”
“With greater access to the RIA community, Galaxy Plus is excited for what the future holds for our managers,” said Eddie Lund, Head of Galaxy Plus Business Development. “This is great for our managers to get themselves and their strategies exposure to independent advisors across the country.”
About Galaxy Plus
Galaxy Plus is a managed account platform for managers and investors providing an institutional level, “managed account like” experience in alternative assets. The Galaxy Plus Platform is an innovative solution providing a flexible structure, increased efficiency, lower costs, increased risk mitigation, and a secure infrastructure. For more information, please visit us at www.galaxyplus.io.