Sunday, 1 February 2015
Last updated 1 day ago
Jan 11 2012 | 4:00pm ET
North Carolina hedge fund QMS Capital Management has rolled out a new global macro hedge fund.
The firm, founded by Duke University finance professor Michael Brandt and former Smith Breeden bond trader Peter Nolan, has raised $5 million for the new offering, according to a Securities and Exchange Commission filing. No fundraising goal for the Diversified Global Macro U.S. Fund was specified; QMS targeted $200 million for its first fund in 2010.
There is a $2 million minimum investment requirement for the new fund.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…