Saturday, 27 December 2014
Last updated 2 days ago
Sep 17 2010 | 6:35am ET
Having pulled the plug on his own hedge fund venture, Carl Fantasia is returning to the comforting embrace of a big hedge fund firm.
Theory Capital Partners co-founder Carl Fantasia is set to join SAC Capital Advisors. The former Tudor Investment Corp. analyst will start at SAC on Oct. 1 and will work at the firm’s Boston office, Hedge Fund Alert reports.
Fantasia and co-founder Robert Broggi last month told investors they would close Theory, which launched just last year. The two cited fundraising difficulties; despite the support of former boss James Pallotta, who last year shuttered his own firm, Raptor Capital Management, the fund was never able to raise more than $20 million.
To lure Fantasia, SAC reportedly promised him an analyst and about $300 million to play with.
Broggi’s future plans are unclear.
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.