Hedge Fund Vet Bastone Joins Asset Manager Spruce

Apr 19 2011 | 1:25am ET

Spruce Private Investors has named a well-traveled hedge fund veteran its first chief operating officer.

Robert Bastone started at his new job last month, HedgeFund.net reports.

Bastone got his start in hedge funds at Tiger Management, leaving the legendary firm in 2000 when founder Julian Robertson decided to enter semi-retirement—he has since unretired. He then moved to Ziff Brothers Investment before founding his own firm, Moon Capital Management, in 2005. Bastone comes to Spruce from Epeius Asset Management, a healthcare hedge fund firm.

Spruce manages some $3 billion in both traditional and alternative investments for family offices and non-profit institutions.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of