Saturday, 27 December 2014
Last updated 3 days ago
Sep 13 2010 | 10:55am ET
Hedge fund seeder Context Capital Partners has invested in a new telecommunications, media and technology hedge fund.
The Bala Cynwyd, Pa.-based firm said that Betzwood Capital Partners’ Betzwood Partners fund has been added to its seeding platform and announced a strategic investment in the firm, founded last year by former Susquehanna International Group portfolio manager David Sung. Context will also provide operational support to Betzwood.
“David Sung is a seasoned market-neutral investor in the TMT space,” Context’s Ron Biscardi said. We believe the Betzwood Partners Fund is a compelling offering backed by a management team who has a demonstrated a solid record of low volatility and consistent performance in all market conditions.”
The size of Context’s investment in Betzwood was not disclosed. Context has about $300 million in assets under management.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.