Monday, 30 March 2015
Last updated 2 days 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.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…