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

Mar 11 2010 | 3:51pm 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

Q&A: MackeyRMS's Chris Mackey On A High Tech Fix To Broker Votes

Jun 23 2017 | 8:17pm ET

The looming implementation of the EU’s MiFID II rules regarding research has put...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 

From the current issue of