DragonBack Co-Founder Tye Out After Double Haven Sale

Oct 25 2012 | 11:05am ET

In the wake of his firm's sale, DragonBack Capital founder Phil Tye has left the firm.

Tye left last week, after Double Haven Capital Management, which had used the hedge fund platform's back-office outsourcing services, bought DragonBack. DragonBack will now serve Double Haven in-house and exclusively and has wound down all of the non-Double Haven funds on its platform.

Tye, the head of the Alternative Investment Management Association in Hong Kong, was not alone in leaving following the sale. Investor services manager Carlotta Foo also departed, although her exit was not due to the sale, Asian Investor reports.

Foo left for another firm, although it is unclear which. Equally unclear are Tye's plans.


In Depth

Will Liquid Alts’ Performance Sustain Future Asset Flows?

Aug 25 2014 | 10:34am ET

Liquid alternative investment funds saw the highest percentage of capital inflows...

Lifestyle

Hedgies, Economists and Musicians Mingle At Milkin Mixers In Hamptons

Aug 25 2014 | 6:00am ET

Leave it to Michael Milken to bring some gravitas and sweat to the Hamptons -- along...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

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

The time was right

Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...

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.