Tuesday, 28 July 2015
Last updated 8 hours ago
Nov 14 2011 | 11:05am ET
A former Jefferies & Co. banker has launched his maiden hedge fund.
Patrick Neal's TreePoint Fund Management has unveiled onshore and offshore versions of its flagship, according to a Securities and Exchange Commission filing. And it got some help from a pair of SAC Capital Management veterans, HFMWeek reports.
Cedar Hill Capital Partners, a New York-based hedge fund headed by former SAC traders Emil Woods and Charles Cascarilla, has made an allocation to TreePoint.
TreePoint, also based in New York, is a global macro specialist. It has a $500,000 minimum investment requirement.
Neal, who serves as portfolio manager, is a former managing director of equity sales and trading at Jefferies. He is also formerly head of derivatives strategy at Bank of America.
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…