Friday, 24 October 2014
Last updated 7 hours 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.