Thursday, 21 August 2014
Last updated 14 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.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note