Tiger Cub Cascabel Nets More That $100 Million For Fund

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.

In Depth

The Importance of Stability in the Evolving Hedge Fund Administration Market

Oct 5 2015 | 8:17pm ET

Hedge fund administration has evolved from simple record keeping to an integral,...


Citadel Supports Manhattan Real Estate With Record Deal

Sep 16 2015 | 3:04pm ET

Never count hedge funds out of a big property deal. The Manhattan real estate market...

Guest Contributor

Hedge Fund Marketing To Independent RIA Firms

Sep 30 2015 | 1:56pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth Inc. explains...


Editor's Note