Last Atlantis Capital Management

St. Thomas, Virgin Islands, January 09, 2008 --(PR.com)-- Last Atlantis Capital Management, LLC (St. Thomas, USVI) has introduced LACM Long/Short Equity Share Class W, a 130/30 strategy that incorporates proprietary models to trade baskets of equities diversified over a range of industries and timeframes. The strategy’s objective is to diversify equity exposure and trading cycles to yield consistent, lower volatility returns over various market conditions.

Assets allocated to long positions within LACM Long/Short Equity are equally distributed among the baskets and stocks in each basket. Short positions represent 30% of the portfolio’s overall value with funds from the short sales equally allocated to long positions to maintain diversification.

“This 130/30 program uses the same modeling characteristics as our Long Equity Share Class V,” states Last Atlantis managing partner Irwin Berger. “The objective is to diversify equity positions over multiple timeframes and equity baskets to minimize volatility impact and deliver consistent performance over the long term.”

The manager’s proprietary models are designed to adapt to market conditions as they change. The models have a low correlation to each other, and each uses a bottom-up approach that seeks to identify stocks which may make a move within 4 to 8 weeks. The models benefit from 75-85% fundamental analysis and 15-25% technical analysis, and are informed by growth and value considerations.

The manager generally does not hold more than 3 stocks in the same industry, and long positions are typically held a minimum of 4 weeks with 8 weeks being average; short positions are generally held 2 to 3 weeks on average. The manager does not screen for market capitalization, but does set minimum liquidity and share price standards.

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 on-shore and off-shore investors access to fifteen segregated share classes with individual fund strategies incorporating proprietary options, short-term and trend following futures, multi-strategy, macro discretionary, credit receivables, and others. The company was founded by Last Atlantis Capital, LLC, a professional trading firm with highly-developed systems incubation and trading technology, and managing directors Irwin Berger and Stig Ostgaard, one of the original Richard Dennis “Turtles”.

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