Thursday, 26 November 2015
Last updated 1 day 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…