Easton Bay Set For Launch of First Fund

May 25 2006 | 8:19pm ET

After months of waiting for a non-compete clause to expire, two-former executives from Graham Capital Management are launching their first hedge fund on July 1.

Brian Aldershof, former v.p. and director of risk management at Graham Capital, and Cox Owen, a former trader at the firm, teamed up to establish asset management firm Easton Bay Capital. The firm's first fund, the Easton Bay Capital Ranger Fund, will be a trend following vehicle that will trade futures con-tracts across all liquid sectors in Europe, Asia and the U.S. The firm will also provide separately managed accounts.


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