Thursday, 27 August 2015
Last updated 3 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…