Thursday, 26 May 2016
Last updated 4 hours ago
Sep 29 2011 | 12:00pm ET
Eminence Capital has launched a long-only hedge fund.
The New York-based firm began trading the new vehicle on Aug. 15, HedgeFund.net reports. It had $10 million in initial assets, according to a Monday Securities and Exchange Commission filing.
The $3.8 billion firm was founded 13 years ago by Ricky Sandler. Eminence focuses on blue-chip stocks.