One company that used the 2020 pandemic as a chance to innovate its business was Flagship Capital in Fort Lauderdale, Florida. Its owner, Casey Pond, saw the current economic climate as the right time to restructure his business and to launch a new hedge fund that will further enhance the investment options Flagship Capital offers its clients.

“FC, which is backed by our proprietary Ternary Strategy, is exciting in itself,” Mr. Pond states. “However, the company has even bigger plans for the next couple of quarters. In addition to our proprietary strategy, which is an algorithm-based, U.S. equity strategy, we are expanding our investment menu that will offer our clients additional alternative strategies to further diversify their portfolios.”

Flagship Capital’s plans for the third quarter include the introduction of both a FOREX and a crypto strategy. “The fourth quarter will be equally ambitious, as we will bring our clients a Private Equity and Venture Capital fund.”

“With our Private Equity fund, we are currently in early stage talks about potentially joining BOSS Bank to help with their cap raise for the entire seed round.” Mr. Pond shares that BOSS will be a private crypto bank out of Miami, and he is very excited about its potential.  “BOSS is currently in its development phase with its prototype, but it has the potential to be a disrupter across a handful of different industries. Between member access to exclusive on-demand luxury concierge services, AI, blockchain, and quantum computing for travel, it is truly an all-in-one application. It can really disrupt the rideshare industry with a “white glove” quality approach rather than the current quantity approach we identify rideshares with. And there is the boss coin, specifically for DeFi rewards holders. With crypto really turning the corner and the growing appetite we are seeing for it, the timing for BOSS is perfect as they begin seeking seed capital, and I anticipate it being oversubscribed fairly quickly as they start rolling it out.”

While Flagship Capital’s rapid growth is supported by its new strategies and aggressive hiring, Mr. Pond says that they are prepared for the inevitable challenges. “The reality is that the markets can be volatile, and as a responsible investment company, we must always be prepared for this,” Mr. Pond says. “Our investment philosophy seeks optimal performance by advantageously positioning itself in both bull and bear markets. Our Ternary strategy maintains a long-term outlook although it is actively managed to maneuver trends and corrections in the current economic environment.”

With Flagship Capital’s momentum, Mr. Pond does not lack confidence in his vision for Flagship Capital. “With the traction we are currently seeing with our Ternary Strategy and with the launching of FX, crypto, and private equity, Flagship Capital will be a $500 million fund in five years.”

Mr. Pond says that what makes Flagship Capital unique is a combination of their alternative strategies, and the current state of the markets. “I believe the timing just could not be any better for a fund like FC. We all, of course, have been enjoying this long bull run, and we continue to set new market highs, although what we have been seeing lately are major allocators looking to realize their gains and consider alternative strategies that limit traditional market exposures. So, with our Ternary approach and soon with our FX and crypto rollouts, we are very well-positioned as we enter the second half of 2021.”

The rest of the year is predicted to be full of the kind of challenges Mr. Pond likes to have. “Flagship Capital’s strategies are currently private and closed-end funds,” he states. “With the limited available LP’s in each strategy, managing that availability is a challenge in itself when you are seeing the traction we currently have. That, however, is the kind of problem every fund manager welcomes.”

A little about the Principal:

After playing division 1 basketball at Florida Gulf Coast University, Mr. Pond began his professional and financial services career at Edward Jones in Naples, Florida. He gained years of valuable experience by focusing on comprehensive financial planning for retirees. He then transitioned to Merrill Lynch in Columbus, Ohio, where he focused more on active portfolio management. In 2012, Mr. Pond founded PMO Financial Group in Powell, Ohio, and served as its Principal and Chief Investment Officer. The all-inclusive financial services company focused on investment management while incorporating partners to service property and casualty insurance needs along with an accounting and personal tax branch. Mr. Pond sold a majority of his practice with PMO in 2016 and has thus followed with the establishment of Flagship Capital, anchored by its proprietary Ternary Strategy, which has been deployed for investors since 2003.