Wednesday, 28 January 2015
Last updated 1 hour ago
Apr 16 2013 | 1:59pm ET
Former GLG Partners trader James Berger is readying a new hedge fund for launch this summer.
Berger's B1 Capital will launch a Europe-focused, fundamental long/short equity fund, Financial News reports. He has won a seed investment and will debut with that and investments from a handful of anchor investors.
Pfäffikon, Switzerland-based B1 has a team of six, including Berger and Megan Kenney, who serves as CEO. Kenney was European head of capital services at Credit Suisse until October.
Berger left GLG in July. At the Man Group unit, which he joined in 2007, he co-managed its European Opportunity Fund. Prior to his time at GLG, Berger worked at JPMorgan Chase and Goldman Sachs.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…