Loews-Backed Hedge Fund Debuts

Nov 11 2010 | 2:11am ET

Hedge fund SkyTop Capital Management has launched a special situations and opportunistic hedge fund backed by the Tisch family.

Troubled fund of hedge funds shop Pacific Alternative Asset Management plans to invest $75 million in the new SkyTop Fund, which launched last month. The fund has also been seeded by the Tischs with $25 million, HFMWeek reports.

SkyTop is structured as a managed account platform.

SkyTop co-founder and portfolio manager Dan Sobol formerly managed money for the Tischs at Loews Corp., the Tisch family’s holding company and former parent of the movie theater chain. The firm’s co-founder and president, Lisa Hess, is the former chief investment officer at Loews.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...