Saturday, 30 August 2014
Last updated 16 hours ago
May 11 2010 | 4:28pm ET
A new hedge fund founded by former SAC Capital Advisors portfolio managers has picked Citigroup to serve as its administrator.
Dorsal Capital Management was founded in September by Jeff Barnett, Oliver Evans and Ryan Frick, the latter two formerly of SAC. SAC founder Steven Cohen is said to be a seed investor in the fund, a technology and consumer equity long/short vehicle.
Citi Investor Services replaced Gravity Financial as the fund’s administrator.
“Dorsal Capital—with its SAC Capital heritage and management strength—was a highly anticipated west coast hedge fund launch in 2009," Citi’s Neeraj Sahai said. "We are very pleased to be selected to provide these fund services, and we look forward to delivering superior administrative solutions to support the funds initial development and continued growth.”
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...