Jefferies Banker's New Hedge Fund Seeded By SAC Alums

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.


In Depth

Creating An Offshore Hedge Fund Dream Team: The Seven Key Players

Jun 26 2015 | 6:47am ET

If you want to set up an offshore hedge fund, like any great team, you’re only...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note