Tuesday, 27 January 2015
Last updated 10 hours 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…