Friday, 27 November 2015
Last updated 3 hours ago
Jun 16 2011 | 11:38am ET
Quantitative hedge fund firm Hagin Investment Management has doubled its lineup.
The New York-based firm launched its second hedge fund at the end of last month, HFMWeek reports. The new vehicle, Hagin Zenith, which has a $2 billion capacity, employs an opportunistic long/short equity strategy.
CEO Patrick Morris told HFM that the new fund is an extension of its maiden market-neutral vehicle, investing in 125 large-cap names. Hagin has put Nathan Lee, formerly of Tremblant Capital and HSBC Asset Management, in charge of the fund. Lee has been with Hagin since 2007.
Zenith has a $1 million minimum investment requirement and a one-year lockup. The firm will also consider managed account options for interested investors.
Hagin plans to roll out a third fund, a small-cap long-only vehicle, early next year.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…