Sunday, 29 November 2015
Last updated 1 day ago
Nov 30 2012 | 12:30pm ET
A former Caxton Associates trader has launched a hedge fund of his own with $240 million in initial capital.
Daniel Lascano's Lomas Capital Management launched its maiden hedge fund last month, Institutional Investor reports. The fund is a U.S.-focused long/short equity vehicle.
New York-based Lomas raised most of its initial capital from Reservoir Capital Group, with the hedge fund seeder providing $200 million. The remainder was put up by Lascano and Lomas' other founders.
Lascano and his team left Caxton last year.
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…