Friday, 31 October 2014
Last updated 2 hours 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.