Luna Capital

LUNA CAPITAL MANAGEMENT FUNDS INTRODUCTION & OBJECTIVE
Luna Capital Management LLC is a private boutique hedge fund manager and financial advisor to accredited individual investors, family offices and other institutions in the asset management industry. The group of funds called LCM Funds Plus, which comprise of a general hedge fund plus managed client accounts, seeks to provide investment results that contribute to clients’ long-term steady wealth/asset growth, yet with reduced risks compared to that of the market thus an optimized Sharpe Ratio under our strategy in the past.
PORTFOLIO MANAGEMENT

Dr. Jianlin Song
Founding Partner
Portfolio Manager

Dr. Song is involved in all aspects of fund investment opportunities for Luna Capital Management.

Dr. Song has 20+ years of global investment experiences in public and private asset classes ranging from private equity and venture capital fund investments to hedge fund management. Mr. Song had been the Managing Director at YiMei Capital, Executive Director at Sagamore Investments and Vice President at JPMorgan Chase in Asia. Before that, he was a Portfolio Manager with FISCO and Summer Hill in the US.

Dr. Song holds a Ph.D. in Civil Engineering from Johns Hopkins University, an MBA from Carnegie Mellon University, and a BS degree from Shanghai Jiao Tong University.

Philip Zhang
Founding Partner
Principal Advisor

With Luna Capital Management, Mr. Zhang has had 7+ years' experience of managing hedge funds and advising clients on wealth management, plus 20 years of global supply chain finance management consulting experience in multiple industry sectors where his strategies yielded over $1 billion dollars enterprise market value add for various clients in retail and healthcare industries. He has been consulting for HNW families for general money management and financial advisories.

Mr. Zhang has an MBA in Finance and Logistics from The University of Tennessee, Knoxville, and a BA degree from Shanghai International Studies University.
STRATEGY

Arbitrage by Selling Volatility
From time to time when people in the equity markets are panic or pessimistic about certain market risks, volatility shoots up temporarily. However, many of those short term risk drivers do not change the fundamental picture of the underlying S&P 500 earnings or US economy in the long run. When volatility increases, derivatives market premium gets richer than fair value, thus an irrational misprice exists. Therefore, we take advantage of such rich premium by selling volatilities as arbitrage opportunities are present before they expire or are bought back.
Long Biased Equity
We always long US markets most of the time and bet positively on the US economy in the long run. In the light of history since 1896 when Dow Jones was formed till the Great Financial Crisis in 2008, the Pandemic, and the Post-COVID Inflation, optimism pays off and profits from pessimism. The fuel for such optimism has always been The Industrial and Technological Revolutions throughout history. Our research firmly indicated from 2013 that such revolutions drive the current secular bull market. We focus on industries such as consumer technology, industrial technology and life science.
Event Driven
Learned from pioneering companies in pharma and biotech, we have implemented an event driven strategy that capitalizes on major financial, academic and break-through clinical events. We use derivatives instruments such as options and/or futures to express our view to bet on such events. This strategy applies to any of our underlying equities such as those in high-tech sector, but particularly in biotech sector where clinical trial results are one of the major events.
CONTACT US

To learn more about our strategy and invest in our fund, email us:
philipzhang@lunacapitals.com
jianlinsong@lunacapitals.com