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

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

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...