SAC Fundraiser Joins Healthcare Hedge Fund

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.


In Depth

Fitch Says Alternative Asset Managers 'Stable' Despite Dry Powder

Nov 20 2014 | 9:30am ET

Ratings agency Fitch says the outlook for seven publicly traded alternative asset...

Lifestyle

Cohen Buys $101 Million Sculpture

Nov 12 2014 | 9:17am ET

Steven Cohen was the sole bidder for a rare Alberto Giacometti sculpture at Sotheby...

Guest Contributor

Why The Big Money Is Going To Europe

Nov 14 2014 | 6:03am ET

Peer-to-peer lending was invented with the individual investor in mind. But despite...

 

Sponsored Content

    For Hedge Funds, Mastering Data Is Key To Success

    Nov 4 2014 | 9:45am ET

    Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

November 2014 Cover

Building a better market

Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.