Saturday, 29 August 2015
Last updated 1 day ago
Jan 12 2011 | 9:15am ET
Braeside Investments, a Dallas-based firm run by two former portfolio managers from multi-billion dollar hedge fund firm Q investments, has launched the Braeside Capital II fund with $74 million, according to SEC filings.
The original Braeside Capital fund, launched in 2004, is a long/short equity fund focusing on small and micro-cap stocks, specializing in the $100 million and under market-cap space.
Partners Todd Stein and Steven McIntyre said that fund would be capped around a couple of hundred million. Stein told Alternative Investment News at the time, “In today’s environment, fund managers may be tempted to aggressively grow assets under management in order to collect more fees. We feel, however, that ballooning assets can hamper performance if a fund outgrows its strategy.”
The minimum investment in the new fund is $750,000.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…