Last Atlantis inks deal with former currency trader at Tudor to launch new share class

October 01, 2007 (PRLEAP.COM) Business News
Last Atlantis Capital Management, LLC (St. Thomas, USVI) and Jerry Considine, former currency trader at Tudor Investment, have partnered to introduce LACM Foreign Exchange, Share Class W within the Last Atlantis Partners Fund. The share class will be traded by Mr. Considine and seeks to capitalize on near-term opportunities in the global currency futures and foreign exchange markets.

The short-term, largely discretionary methodology developed and employed by Mr. Considine has produced consistently non-correlated returns since inception. It combines fundamental and technical market analysis, sentiment evaluation, crowd psychology assessment, and money management to create a uniquely risk-averse investment strategy.

“Jerry has established an exceptional track record and reputation over the course of his career including stellar turns at Tudor and his own trading firm,” said Irwin Berger, managing partner of Last Atlantis. “His currency program adds another quality alternative to our Last Atlantis Partners platform.”

With the launch of this new offering, Mr. Considine continues his nearly 30-year career trading the currency markets. Following stints at Citibank and Drexel Burnham Lambert, Mr. Considine’s abilities caught the eye of Paul Tudor Jones, who hired Jerry in 1990 to trade for his entities. After three years at Tudor, Mr. Considine had achieved a highly regarded track record and reputation. He left the firm to establish Considine Trading Corporation in 1995. Trading institutional and proprietary funds, he delivered consistently profitable results through the lifetime of CTC. After a year hiatus from the industry, Mr. Considine returned to trading in April 2004.

About Last Atlantis Capital Management, LLC
Last Atlantis Capital Management (St. Thomas, USVI) develops and markets innovative alternative products. Last Atlantis Partners, LLC is master-feeder offering currently providing onshore and offshore investors access to fifteen segregated share classes with individual fund strategies incorporating proprietary and discretionary options, trend following futures, multi-strategy, macro discretionary, credit receivables, real estate financing and others. The company was founded by managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis “Turtles”, and Last Atlantis Capital, LLC, a professional trading firm with highly-developed systems incubation and trading technology.

For more information, please contact Tom Heffernan via phone at 1-340-777-5170, via email at theffernan@lastatlantis.com or online at www.lastatlantis.com.

###