Sunday, 21 September 2014
Last updated 2 days 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.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.