SAC’s Orwicz Raises $17.75M For New Hedge Fund

Mar 11 2010 | 2:51pm ET

A former SAC Capital Advisors technology and energy hedge fund manager is striking out on his own.

Paul Orwicz has founded Sursum Partners. The new firm has already launched its maiden hedge fund, Financial News reports, raising $17.75 million from eight investors.

It is unclear whether Greenwich, Conn.-based Sursum will continue Orwicz’s focus on technology and energy.

Orwicz has taken a pair of analysts from his SAC days with him to the new firm. Dauvin Peterson and Paul Kim have joined the nascent operation, according to FN.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of