Thursday, 24 July 2014
Last updated 6 hours ago
Oct 31 2011 | 9:10am ET
A former Magnetar Capital trader is seeking investors for a levered version of his two-year-old flagship hedge fund.
Andrew Goldman's Seven Locks Capital Management launched the Seven Locks Enhanced Fund this summer, HFMWeek reports. The vehicle is a two-times levered version of the firm's flagship, a concentrated long/short equity and credit value/catalyst strategy focused on North America and launched in 2009.
Protégé Partners, which provided seed capital to the earlier fund, reprised its role with the levered fund. New York-based Seven Locks hopes to raise a total of $1 billion for the two funds.
Goldman was a portfolio manager at Magnetar from 2005 through 2008, and a senior analyst at Rockbay Capital from 2002 through 2005.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…