Wednesday, 26 November 2014
Last updated 4 min 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.
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…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...