Friday, 30 January 2015
Last updated 1 hour ago
May 25 2012 | 3:21am ET
A Tiger Cub is celebrating a sizeable fundraising haul for a year-old hedge fund.
Cascabel Management has raised $108.3 million from six investors for the fund, which opened to investors last April 1. The New York-based firm has no plans to close the fund, which has a $1 million minimum investment requirement, to new investment, a Securities and Exchange Commission filing shows.
The firm was set up four years ago by Tiger Management veteran Scott Sinclair and former Avenue Capital Management portfolio manager Laurence Chang. Tiger founder Julian Robertson provided seed capital for the firm.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…