Russell’s Sirohi Offers First Hedge Fund

Apr 9 2010 | 1:17am ET

A Russell Investments veteran has launched his own long/short equity hedge fund.

Ashwani Sirohi’s eponymous firm launched its debut vehicle on April 1 with $2 million in initial assets. The fund will hold between 20 and 30 names across industry sectors, and is 80% net long, HedgeFund.net reports.

The Sirohi Capital fund will close at $100 million.

Sirohi specialized in quantitative stock research and portfolio modeling at Russell.

The new firm is based in Issaquah, Wash., outside Seattle. MS Howell & Co. serves as prime broker and Goldman Sachs as custodian.


In Depth

Bob Doll's Ten Market Predictions For 2016

Jan 7 2016 | 9:37pm ET

Well-known market strategist Robert Doll has published his annual list of ten predictions...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedge Fund Marketing - Making the Most of Your Salesperson

Jan 20 2016 | 8:11pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth takes a close...