Monday, 24 October 2016
Last updated 2 days ago
Jul 15 2011 | 12:49pm ET
Newly-formed Bow Street Partners has launched its first hedge fund with $100 million in seed funding from the Blackstone Group.
New York-based Bow Street's maiden fund debuted earlier this month, HedgeFund.net reports. The firm has since made sales of $43 million, according to a filing with the Securities and Exchange Commission.
Bow Street was founded by Howard Shainkar and Akiva Katz. The former was an analyst covering the financial services and retail sectors at Third Point, while the latter was an analyst at Brahman Capital.