Quartersaw Investments Carves Out Maiden Hedge Fund

Jul 12 2007 | 2:02pm ET

A pair of former family office portfolio managers is looking to buzz its way into the hedge fund space with a new event-driven offering. 

Winston Wei and David Kazarnosky of New York-based Quartersaw Investments this month launched their maiden hedge fund, the Quartersaw Investments Fund, a long/short, event-driven vehicle with $16 million in assets.

“The fund is very opportunistic and will maintain an open mind to many different profitable strategies,” said David Bickel, Quartersaw’s CFO. “The strategy is value-driven; the fund searches for inefficient pricing in the market, whether it's stocks or bonds or other products. The two managing partners are brilliant but down-to-earth guys.  They spent most of their investment careers with a family investment office that has a 21-year track record of 20% plus annual returns without a single down year.”

The firm’s name harkens back to a time-intensive method for cutting wood logs perpendicular to their growth rings, creating a “straight, pleasing grain and a considerably stronger wood” that few mills sell because of the technical skills and patience needed, according to its brochure. 

The fund charges a 2% management fee and a 20% incentive fee with high watermark.


In Depth

Whisky Business: The Ultimate Liquid Alternative Investment

Sep 15 2014 | 7:02am ET

David Robertson knows his single-malt whisky—he was the Master Distiller at the...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

The Cult of Loss Aversion: A Call to Rethink Risk in Global Macro Investing

Sep 4 2014 | 5:45am ET

In the wake of a traumatic loss, whether it is financial or personal, it is just...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

In search of the ‘new normal’ at the Fed

The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.