Hedge Fund Occitan Up To US$400 Million

Mar 27 2012 | 12:17pm ET

Its fundraising may be somewhat less spectacular than that of other hedge funds launched by Goldman Sachs alumni, but Occitan Capital Partners is doing just fine.

The London-based hedge fund, which launched in late 2010, has garnered more than US$400 million since then, according to a Securities and Exchange Commission filing. The US$407 million came from 22 investors, among them Nomura Holdings, which seeded Occitan at the beginning of last year.

Occitan co-founded Herve Gallo is a former derivatives trader at Nomura, as well as a Goldman veteran.

Gallo and co-founder Thomas de Garidel-Thoron employ liquid directional and arbitrage strategies at Occitan, which has a US$100,000 minimum investment requirement.

While Occitan has netted nearly half-a-billion dollars since its launch, other former Goldman traders have raised 10 figures, including Pierre-Henri Flamand, whose Edoma Capital Partners debuted the same month as Occitan and which now manages US$1.8 billion. Morgan Sze's Azentus Capital Management, launched six months later, manages about US$2 billion.

Both Gallo and Garidel-Thoron left Goldman in 2007.


In Depth

JOBS Act Propels Real-Estate Crowdfunding Platform

Oct 21 2014 | 2:57am ET

If D.J. Paul were a real estate development, he would be described as “multi-use...

Lifestyle

MacDonald-Korth Offers Insights Into Paintings Bought, Sold By Hedgies

Oct 7 2014 | 9:00am ET

Definitive and complete ratings require an in-person examination of an artwork,...

Guest Contributor

PAAMCO: European Equity Exposure - Challenging Year, But All is Not Lost

Oct 16 2014 | 4:12am ET

European equity hedge fund managers have had a tough time so far this year. The...

 

Videos

Editor's Note

    Must Attend Hedge Fund Charity Events For October

    Sep 30 2014 | 9:29am ET

    The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…

 

Futures Magazine

October 2014 Cover

Deeply flawed risk benchmark

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 ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.