Longboard’s founders began original trend following research in 1997 based on insights from Jack Schwager’s influential Market Wizards book series.
Backed by one of the Market Wizards himself, Tom Basso, Longboard’s founders launch Blackstar Funds to focus on wealthy Phoenix-based families.
Still known as Blackstar Funds, the firm operates as a private investment partnership with a long/short equity investment product.
Blackstar rebrands as Longboard Asset Management, L.P. to focus on the needs for mutual fund investors.
Longboard Partners, L.P., a multi-strategy portfolio is launched. The multi-strategy portfolio is a combination of the existing long/short equity portfolio, managed futures, and systematic macro.
The Longboard Managed Futures Strategy Fund is launched as a standalone open-ended mutual fund, ticker symbol WAVIX/WAVEX.
The Longboard Alternative Growth Fund is launched as a standalone open-ended mutual fund, ticker symbol LONGX/LONAX.