Wednesday, 25 November 2015
Last updated 49 min ago
Nov 9 2012 | 11:06am ET
Hedge fund Whitebox Advisors is going retail—again.
The Minneapolis-based firm will launch its second mutual fund on Monday, it said in a regulatory filing. The new fund will be a long/short equity vehicle based on its long/short hedge fund, which is up 8.5% over the past 12 months.
Whitebox launched its first mutual fund, Tactical Opportunities, in December. The new Whitebox Long Short Equity Fund will be managed by Jason Cross, Paul Karos and Kurt Winters, and will charge a 1.95% expense ratio and 4.5% sales charges.
Whitebox has $2.3 billion in assets under management.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…