Park City Capital Readies Special Opportunity Fund

Dec 8 2011 | 1:59pm 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.


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