Astra Ventures Investment Partners LLC
Discretionary Macro
Principal:
Stephen Buehler & Ed Lalanne
Discretionary Macro | Discretionary Global Macro
Interested in this program? Request Additional Information →
Month Performance
+1.54%
Jul 2026
YTD Return
-8.03%
Through Jul 2026
AUM
$2,241,800
Assets Under Management
Overview
The Astra Ventures Discretionary Macro program is a global macro strategy that seeks to profit by identifying valuation gaps and potential dislocations across asset classes. Positions are typically diversified across macro futures markets (stock indices, bonds, and currencies), and can also include trading in FX spot and forwards, securities, commodities,
and options. The program is designed for investors seeking returns that are uncorrelated with equity and credit cycles. We aim to generate returns in both up and down markets independent of the performance of any one asset class.
Program Details
| Inception Date | Jan 2021 |
| Trading Style | Discretionary Global Macro |
| Holding Period | Long Term, Medium Term, Short Term, Intraday |
| Markets Traded | Stock Indices, Currencies, VIX |
| Margin | 9% |
| Minimum Investment | $500,000 |
| Management Fee | 1.50% |
| Performance Fee | 0.00 |
This is a snapshot only. Investors should read Disclosure/Offering documents to determine suitability of investment.
GROWTH OF $1,000 VAMI
Program vs. Autumn Gold CTA Index
About the Autumn Gold CTA Index:
The Autumn Gold CTA Index is a non-investable index comprised of performance from CTA programs included in the Autumn Gold database and does not represent the complete universe of CTAs.
Hypothetical growth of $1,000 based on reported monthly returns.
PERFORMANCE SUMMARY
Annual Returns (Net)
| YEAR | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| RETURN | +1.63% | -4.41% | +7.83% | +44.27% |
Maximum Drawdown Since Inception
-13.01%
Past performance is not indicative of future results.
Performance / Program Note
Performance is net of Management Fee, Commissions and Transaction Costs
Investor Eligibility
What is a QEP?
A Qualified Eligible Person (QEP) is an investor or entity that meets the eligibility requirements described in CFTC Regulation 4.7. The applicable requirements vary by investor type and may include financial, portfolio, professional, or institutional qualifications.
This information is provided for general reference only. QEP status is
self-identified here and should be determined by reviewing the applicable
regulation and, when appropriate, with your professional advisers.
FUTURES, OPTIONS, CRYPTO, AND FOREX TRADING INVOLVES RISK AND MAY NOT BE SUITABLE FOR ALL INVESTORS. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.