Friday, 22 August 2014
Last updated 13 min ago
May 23 2012 | 11:48am ET
Commerce Street Investment Adviser will launch a new hedge fund helmed by two Highland Capital Management veterans next month.
Commerce Street Investment Partners III is expected to debut with both internal capital and some early investors. The Dallas-based firm hopes to raise between $250 million and $300 million for the fund, and has hired another Highland vet, Amy Jenkins, to help handle its marketing effort, HFMWeek reports.
The new fund is targeting institutional investors and is amenable to accepting acceleration capital.
CSIP III will invest in collateralized debt obligations pooling community bank preferred shares. It will be managed by Kurt Plumer, who joined Commerce Street last year. He is working with Richard Jakob, who worked with Plumer at Highland nine years ago and who joined Commerce Street last year after a stint as chief marketing officer at Cedarview Capital Management.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note