Hedge Fund Ironbound Capital Closing

Apr 11 2011 | 1:06pm ET

New Jersey hedge fund Ironbound Capital Management is throwing in the towel.

The equity long/short specialist is liquidating its funds and closing its doors. CEO Brian Sattinger told HFMWeek that the firm was, indeed, closing, but did not explain why.

Ironbound was founded seven years ago by former Merrill Lynch money manager Steve Silverman. At Merrill, Silverman managed the firm's Pacific and Global Value funds until his exit in 2002.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...