Wednesday, 1 October 2014
Last updated 2 hours ago
Jun 14 2010 | 1:05pm ET
For years, Dilan Siritunga was Timothy Barakett’s right-hand man at Atticus Capital. Now, he’s got a couple of right-hand men of his own.
Siritunga’s new hedge fund firm, newly-dubbed Serendiv Capital, has hired Joseph Salegna from Jana Partners and Mattew Oak from York Capital Management. The former will serve as chief financial officer, and the latter as head of research at the New York-based firm, Bloomberg News reports.
Since leaving Atticus in March, Siritunga has been busy with more than just hiring. He’s completed the event-driven firm’s business plan and has begun talking to potential investors. The firm has also engaged Credit Suisse as prime broker, and will use the firm’s capital introduction business as well.
It is unclear how much Siritunga hopes to raise for the new fund—although the identity of at least one investor is clear: His old boss, Barakett, will help seed the fund, as he has done for several other former Atticus managers. Barakett last year decided to wind-up Atticus’ flagship fund and step down from day-to-day management of the firm.
Salegna worked for five years at Jana, while Oak spent six at York Capital.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...