Tuesday, 1 September 2015
Last updated 3 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…