Wednesday, 30 July 2014
Last updated 5 hours ago
Dec 8 2011 | 12:59pm ET
Dallas hedge fund Park City Capital is set to launch a new small-capacity special opportunity fund.
The new vehicle will debut early next year, helmed by JPMorgan Chase veteran Michael Fox. According to HFMWeek, the new fund will eye a specific opportunity to invest in.
The Park City Capital Special Opportunity Fund has won commitments from the fund's existing investors. The firm plans to market it to only a handful of possible investors, among them family offices, institutions and some individual investors.
Those select few will have to pony up at least $500,000, the fund's minimum investment requirement. Merlin Securities serves as prime broker.
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…