New York-based Curreen Capital Partners recently launched its first hedge fund. The vehicle is a long-only concentrated equity fund that will invest in 5-15 stocks at a time.
The fund is managed by Christian Ryther, who was previously an analyst at hedge fund firms NeuStrada Capital and Principled Capital Management.
Ryther—who holds an MBA from Columbia Business School and was part of its Value Investing Program—told FINalternatives that his picks must meet three criteria: they must be excellent businesses, have an exceptional management team and be undervalued. While Ryther can short stocks, he plans to keep the fund a long-only vehicle.
Curreen Capital uses Wells Fargo as its prime broker, Opus Fund Services as its administrator and Herrick, Feinstein for its legal work.