Partner At New Jersey Hedge Fund Disappears With Investor Cash

Jan 27 2012 | 9:23am ET

A Jersey City, N.J.-based hedge fund firm has allegedly been bilked by one of its own. According to sources familiar with the Osiris Fund, partner Peter Zuck has fled with investors’ money and the fund is now defunct.

Unlike most hedge funds which have a minimum investment level of $1 million or more, the minimum investment for the Osiris Fund was just $150,000, making it accessible to smaller investors.


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Publisher's Note

    Save The Date: FINforums Annual Hedge Fund Summit

    Feb 21 2012 | 9:10am ET

    Deirdre BrennanDeirdre BrennanFINforums, the events arm of FINalternatives, is holding its Annual Hedge Fund Summit on Sept. 20, 2012 at the Sentry Centers in New York City. Don't miss out on this chance to meet and mingle with the top decision makers and investors in the alternative asset management industry.
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