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 on Liquid Alternatives

May 25 2016 | 5:07pm ET

The popularity of liquid alternatives strategies has blossomed in recent years,...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...