Sunday, 3 May 2015
Last updated 2 days ago
Feb 10 2010 | 10:59am ET
SAC Capital Advisors’ former fundraiser-in-chief has joined healthcare hedge fund shop Visium Asset Management.
Jason Huemer was named president of the New York-based firm, which has $1.6 billion in assets under management. The firm is preparing to launch a new multi-strategy fund on March 1, the same day its flagship long/short Visium Balanced Fund is to close to new investment, Hedge Fund Alert reports.
Huemer is also charged with leading an expansion of the firm, with plans to hire new portfolio managers.
Huemer joins Visium from Atlas Capital, a White Plains, N.Y.-based global macro and emerging markets hedge fund firm that he joined in January 2009 as a principal. Prior to that, he spent four years at SAC as head of marketing, helping to raise some $6 billion for the hedge fund giant. He also spent a year as chief operating officer of SAC’s Sigma Capital unit.
Before joining SAC, Huemer served as COO of York Capital and managed his own hedge fund seeder, Synthesis Funds.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…