Thursday, 29 January 2015
Last updated 4 hours ago
Sep 7 2011 | 12:31pm ET
Tennessee hedge fund Jetstream Capital will return money to investors and close its doors early next year.
CEO Joel Dobberpuhl told investors that the $500 million firm will wind down its funds at the end of February, HFMWeek reports. Dobberpuhl cited his son's starting college this year and his daughter's turning 16 among the factors in choosing to shutter Jetstream, noting that his family is going through a transition.
Last month, Jetstream's Gary Dean founded Carilliam Capital in Nashville.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…