Tuesday, 2 September 2014
Last updated 7 hours ago
Feb 2 2011 | 10:51am ET
Former Perella Weinberg Partners portfolio manager David Zusman has returned to the hedge fund world with a firm of his own.
Zusman has founded Talara Capital Management in New York. The new firm wasted no time in getting off the ground, having launched its two maiden hedge funds earlier this year.
Talara focuses on global commodities, infrastructure and industrials, HFMWeek reports. The firm's long/short Talara Fund and Talara International Fund launched with a combined $100 million.
Investors in Zusman's new venture will pay 1.5% for management and 20% for performance. There is no lockup, but there is a 25% investor level gate. Goldman Sachs serves as prime broker.
Zusman spent two years at Perella Weinberg, where he focused on investments in basic materials, consumer, energy, industrial and utilities stocks. Before joining the boutique investment bank, he was co-portfolio manager at hedge fund BrightStream Asset Management and a portfolio manager at North Sound Capital.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...