Sunday, 23 November 2014
Last updated 2 days ago
Apr 5 2012 | 11:41am ET
With 15 months under its belt, Stone Toro Asset Management has won its first seed investment.
The Princeton, N.J.-based firm's maiden hedge fund attracted a commitment from a European institutional investor, HFMWeek reports. The ST Alpha Event Fund, an event-driven arbitrage vehicle, now manages some $40 million.
The fund debuted last January. Stone Toro was founded in 2010 by Jeffrey Russo, Michael Jarzyna and Richard Jenkins, three Merrill Lynch Investment Managers veterans.
The fund was up 2.4% last month.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
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