Braeside Launches Hedge Fund with $74M

Jan 12 2011 | 10:15am 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.


In Depth

Q&A: Portfolio Advisors' Brian Murphy On The Advantages of A Private Markets Platform

Jan 2 2018 | 11:05am ET

Most private markets firms reference their platforms as a source of competitive...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: The Top Hedge Fund Industry Trends for 2018

Jan 2 2018 | 12:22pm ET

Each year, Don Steinbrugge’s Agecroft Partners compiles the insights gained...

 

FINalternatives Trending

From the current issue of