Brummer Spin-Off Welcomes Outside Capital

Feb 15 2012 | 1:19pm ET

New York-based Contour Asset Management has opened its flagship to outside investors.

The firm, founded by a pair of former professionals at Brummer & Partners and backed by the Swedish hedge fund giant, manages the Manticore Fund. Manticore was under Brummer's purview prior to Contour's spin-off in 2010.

Manticore is an equity long/short telecommunications, media and technology fund, investing in the U.S. Its opening to outside money was first reported by HFMWeek.

Contour founders David Meyer and Seth Wunder worked at Manticore during their time at Brummer. Meyer spent six years at the firm, moving to Manticore in 2005, while Wunder joined Manticore in 2009.

Contour has about $1 billion in assets under management.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Often seen as a passion project, or part of a philanthropic venture, rare and fine stringed instruments offer an exciting option to diversify one’s investment portfolio while providing an opportunity for an exceptional long-term investment.