dt Managed Futures: Featured CTA

Orion Capital Management

Request Orion Capital Management´s Disclosure Document

Larry G. Lawrence, founder of Orion Capital Management (“OCM”) has 20 years experience in trading and risk management. His experience includes derivatives portfolio management, risk management and trading consulting, corporate education, technical and options analysis, advisory service publishing, and institutional sales. From September 1991 until January 1998, Mr. Lawrence was self-employed as an independent consultant and subcontractor, specializing in the field of trading and risk management. Mr. Lawrence registered as an Investment Adviser in 1993 doing business as Lawrence Financial Services, and continues to manage client assets in securities. Concurrent with his work as an independent consultant, Mr. Lawrence worked part time for the Princeton Energy Programme of Princeton, New Jersey from February 1996 through January 1997. His duties included energy risk management educational course development and corporate training. He served as a subcontracted consultant to Teknecon, Inc. of Austin, Texas from August 1996 until January 1998. Mr. Lawrence switched from an independent consultant to an employee of Teknecon, Inc. in January 1998. As a Principal of the firm, Mr. Lawrence´s duties included servicing clients and developing new account relationships. In December 1998, Mr. Lawrence became an owner of Teknecon Energy Risk Advisors, LLC (TERA) of Austin, Texas, serving as Principal. At that time, TERA succeeded Teknecon, Inc. and assumed its consulting contract obligations. In April 2002, Mr. Lawrence sold his share of TERA and founded Enterprise Risk Consulting, LLC, which offers consulting services similar to those Mr. Lawrence performed for TERA.

OCM employs a systematic approach to trading, specializing in a program of selling option spreads on stock index futures. An example of a primary strategy is a “short put spread” which involves the sale of put on the S&P 500 stock index futures contract and the purchase of a put on the same index futures contract but at a lower strike, or exercise, price. OCM may also, from time to time, purchase options on stock index futures and buy or sell stock index futures.