Wednesday, 30 July 2014
Last updated 53 min 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…