Braeside Launches Hedge Fund with $74M

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.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

Agecroft Partners: Hedge Fund Industry Assets to increase $250B by Summer 2016

Aug 11 2015 | 11:29am ET

Assets will continue to flow into the hedge fund industry despite long-standing...

 

Editor's Note