Centaurus Trader Readies Own Hedge Fund

Jun 15 2012 | 5:25am ET

Closing Centaurus Capital has spawned a second successor hedge fund.

Lawrence Whalley has set up a new firm called Copperwood, staffed by Centaurus alumni, which will launch its maiden fund on Aug. 1, Reuters reports. In addition to Whalley, who worked with Centaurus founder John Arnold at Enron Corp., Copperwood will feature former Centaurus CFO Jeff Brattain and trader Conrad Goerl, among other veterans of Centaurus' Houston, London and New York offices.

Copperwood will debut with about $700 million.

Arnold last month said that he would retire after a decade running Centaurus and return some $2 billion to investors. Just a week after Arnold's surprise announcement came news that Centaurus founding trader Bill Perkins would launch his own hedge fund, Skylar Capital Management, on July 1.

Houston-based Skylar is expected to debut with between $300 million and $600 million.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...