Friday, 24 October 2014
Last updated 2 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...