The McKenna Foundation is a philanthropic endeavor that was formed in 1999 in memory of Sharon McKenna. Inspired by Mrs. McKenna's love for children and athletics, the foundation is dedicated to advancing the efforts that benefit our youth specifically through programs that educate, inspire, nurture and improve the lives of children now and in the future. The foundation also explores opportunities to save and protect the changing environment in which we live and that will ultimately belong to our youth.
"The test of the morality of a society
is what it does for its children."
Sharmac Capital Management LLC ("Sharmac") is a proprietary trading and private investment management firm based in Chicago, Illinois that focuses primarily on active trading and investing in the global stock, bond, foreign exchange and commodities futures markets. Sharmac is wholly-owned by William J. McKenna, Jr. and its predecessor entity, Sharmac Investments, Inc., an Illinois corporation wholly-owned by Mr. McKenna.
Sharmac (including its predecessor entity) was founded in 1998 by Mr. McKenna principally to serve as a personal trading and proprietary investment vehicle.
In early 2000, Sharmac entered the managed futures business as a CFTC registered commodity trading advisor and commodity pool operator, making available Mr. McKenna's discretionary trading program to third-party client accounts.
William J. McKenna Jr., born in 1962, is the founder, President and the sole trading principal of Sharmac Capital Management, LLC which operated as a CTA and CPO from February 2000 to September 2010. Prior to re-establishing Sharmac as a CTA in September 2013, Mr. McKenna was employed at SAC Capital Advisors, a registered investment adviser, as Head Macro Trader/Portfolio Manager, working directly with founder Steven Cohen from October 2010 through December 2012.
Prior to founding Sharmac in 2000, Mr. McKenna managed a proprietary account and the accounts of certain associates from July 1998 to January 2000. Between January 1996 and June 1998, Mr. McKenna was based in London as an Executive Director of SBC Capital Markets, Inc., a financial services firm, as a Portfolio Manager and Trader in the Swiss Bank Currency Fund. As a manager, his responsibilities included Emerging Markets and G-10 currencies. Prior to his employment at SBC Capital Markets, from October 1994 to December 1995, Mr. McKenna was co-head of Fixed Income and Currency Trading at Steinhardt Partners. Mr. McKenna's previous experience also includes trading global bond and currency markets at Argonaut Capital from January 1994 to September 1994 and futures fund trading at Gelber Management Inc., a registered FCM and CTA, from February 1990 to January 1994. Mr. McKenna began his career in 1984 at Kidder Peabody & Co., and investment bank, where he became a Vice President in their financial futures division before leaving the firm in January 1990.
Mr. McKenna holds a B.S. in Economics and Political Science from the University of Chicago.
This website is intended to provide an overview of Sharmac Capital Management LLC ("Sharmac"), and does not constitute trading, investing, tax or legal advice. The content of this website is not, and should not be considered to be, an offer to sell, a solicitation of an offer to buy, or a recommendation to acquire or dispose of, any security or any other financial instruments by anyone.
Sharmac is currently registered as a Commodity Trading Advisor with the Commodity Futures Trading Commission and is a member of National Futures Association in such capacity. However, Sharmac's services as a Commodity Trading Advisor are currently limited exclusively to legacy accounts and this website is not a solicitation to manage client accounts.
Portions of this website may contain analyses, opinions and other information derived from sources believed by Sharmac to be reliable. However, such content has not been verified by Sharmac and may be incomplete or inaccurate. Sharmac makes no representation or guarantee as to the accuracy or completeness of any such information contained on this website. The content of this website is subject to change at any time without notice, and should not be relied upon for the purpose of making or communicating investment or other decisions. Sharmac accepts no responsibility for any investment decisions made by any user of this website.
Please refer to the On-Line Access Agreement for the terms and conditions of using this website.
If you wish to obtain further details about Sharmac or any other information contained on this website, please contact Sharmac's Chief Compliance Officer.
Welcome to www.SharmacCapital.com. By accessing this website (the "Site"), you agree that your access to and use of the Site, including any Content (as defined below) provided by Sharmac Capital Management LLC (including its affiliates, "Sharmac"), shall be exclusively governed by the terms and conditions set forth in this On-Line Access Agreement (the "Agreement"). Do not enter the Site unless the terms and conditions are acceptable to you.
The Site is intended to provide an overview of Sharmac, and not investing, accounting, tax or legal advice. The Content on this Site is not and should not be deemed to be an offer to sell, a solicitation of an offer to buy, or a recommendation to acquire or dispose of, any security or any other instruments by anyone in any jurisdiction. Sharmac accepts no responsibility for any investment decisions made by the users of this Site.
If you wish to obtain further details about any information contained on this Site, please contact an authorized representative of Sharmac.
Investments in securities, commodities, derivatives and other instruments are subject to numerous risks, including the risk of loss. This Site does not purport to list the general or specific risks factors associated with an investment in any financial instrument or other asset referenced or discussed on this Site. The information and opinions contained in this Site are not investment recommendations and are not to be used or relied upon for the purpose of making or communicating investment or other decisions.
The Site is operated by Sharmac on an "AS IS," "AS AVAILABLE" basis, without representations or warranties of any kind. SHARMAC DISCLAIMS ANY AND ALL REPRESENTATIONS AND WARRANTIES WITH RESPECT TO THIS SITE AND ITS CONTENT, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING, BUT NOT LIMITED TO, WARRANTIES OF TITLE, MERCHANTABILITY, NON-INFRINGEMENT AND FITNESS FOR A PARTICULAR PURPOSE. Without limiting the foregoing, Sharmac does not represent or warrant that the Content on the Site is accurate, reliable, complete or current or that the Site will operate without interruption or error. Sharmac makes reasonable efforts to avoid technological problems, but at any time the Site may have and may cause problems, such as viruses or other harmful components. Sharmac shall not be liable for any action you take or any decision you make in reliance on the Site. Some states do not allow the disclaimer of implied warranties, so the foregoing disclaimer may not apply to you.
Under no circumstances, shall Sharmac be liable for any direct or indirect losses or damages arising out of or in connection with the use of or inability to use the Site. This is a comprehensive limitation of liability that applies to all losses and damages of any kind (whether general, special, consequential, incidental, exemplary or otherwise, including, without limitation, loss of data, income or profits), whether by statute, law or in contract, negligence or other tortuous action, even if an authorized representative of Sharmac has been advised or should have known of the possibility of such damages. If you are dissatisfied with the Site or any Content on the Site, or with these Terms and Conditions, your sole and exclusive remedy is to discontinue using the Site. You acknowledge, by your use of the Site, that your use of the Site is at your sole risk. Applicable law may not allow the limitation of liability set forth above, so this limitation of liability may not apply to you. If any part of this limitation of liability is found to be invalid, inapplicable or unenforceable for any reason, then the aggregate liability of Sharmac in such circumstances for liabilities that otherwise would have been limited shall not exceed one hundred dollars (US $100.00).
References on the Site to any names, marks, products or services of third parties or hypertext links to third party sites or information do not necessarily constitute or imply an endorsement, sponsorship, or recommendation of the third party, information, product or service by Sharmac. Sharmac does not endorse nor make any warranties or representations about any site you may access through the Site. Any links to other sites are provided for convenience only. If you access any third party web site through the Site or otherwise, you do so at your own risk.
All of the content you see, hear or otherwise experience on the Site (the "Content"), including, for example, all of the page headers, images, illustrations, graphics, audio clips, video clips, and text, are subject to trademark, service mark, trade dress, copyright and/or other intellectual property rights or licenses held by Sharmac or by third parties who have licensed their materials to Sharmac. The entire Content of the Site is copyrighted as a collective work under U.S. copyright laws, and Sharmac owns a copyright in the selection, coordination, arrangement and enhancement of the Content. The Content of the Site, and the Site as a whole, is intended solely for your internal use. You may download, print and store selected portions of the Content, provided you (1) only use these copies of the Content for your own internal use; provided, however, you may discuss the Content with your financial, legal or tax advisors, and other with whom you share investment decisions; (2) do not copy or post the Content on any network computer or broadcast the Content in any media; and (3) do not modify or alter the Content in any way, or delete or change any copyright or trademark notice. No right, title or interest in any downloaded materials is transferred to you as a result of any such downloading. Sharmac reserves complete title and full intellectual property rights in any Content you download from this Site. Except as noted above, you may not copy, download, reproduce, modify, publish, distribute, transmit, transfer or create derivative works from the Content without first obtaining written permission from Sharmac.
You represent and warrant that: (1) you have full authority and all rights necessary to enter into and fully perform all of your obligations pursuant to this Agreement; (2) you have not and you will not enter into any agreement or perform any act which might contravene the purposes and/or effects of this Agreement; and (3) all information that you provide in connection with your use of the Site is true and complete.
Sharmac makes no representations that materials at this Site are appropriate for use in all locations, or that transactions, securities products, instruments or services discussed at this Site are available or appropriate for sale or use in all jurisdictions, or by all investors or counter parties. Those who access this site do so on their own initiative, and are responsible for compliance with applicable local laws or regulations.
You agree not to take any action that might compromise the security of the Site, render the Site inaccessible to others or otherwise cause damage to the Site or any Content contained on the Site. You agree not to add to, subtract from, or otherwise modify the Content on the Site.
Sharmac reserves the right to monitor and record activity on the Site at its sole discretion, and may report any activity that it suspects may violate any law or regulation as it deems appropriate.
Sharmac may refuse access to and usage of the Site to anyone at any time, in its sole discretion. Sharmac reserves the right to modify or discontinue the Site without notice at any time. In addition, Sharmac reserves the right to change the terms and conditions governing your access to and use of this Site at any time.
This Agreement shall be governed by and construed in accordance with the laws of the State of Illinois, U.S.A., excluding its conflicts of law principles.
Unless otherwise expressly noted, any disputes between Sharmac and you under this Agreement shall be finally resolved in accordance with the rules then in effect of the American Arbitration Association and shall take place in Chicago, Illinois. The award of any arbitration panel shall be final and binding on the parties.
This Agreement constitutes the entire Agreement between you and Sharmac governing your use of the Site, and shall supersede any prior agreements between you and Sharmac concerning this subject matter. Certain areas of the Site may include additional terms and conditions that govern use of those areas. You will be bound by those additional terms and conditions, and they will be considered part of this Agreement. Sharmac may assign this Agreement at any time without your consent. You may not assign this Agreement or delegate any of your obligations under this Agreement. The failure of Sharmac to exercise or enforce any right or provision of this Agreement shall not constitute a waiver of such right or provision. If any provision of this Agreement is found by a court or arbitration panel to be invalid or unenforceable, the parties nevertheless agree that the court or arbitration panel shall endeavor to give effect to the parties' intentions as reflected in this Agreement, and the other provisions of this Agreement shall remain in full force and effect.