Context Capital Seeds Betzwood Media, Technology Fund

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.


In Depth

MiFID2 For U.S. Firms: Key Questions Answered

Feb 27 2017 | 4:54pm ET

The January 2018 deadline for implementation of the EU’s mammoth MiFID2 regulations...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of