Hermes Seeding Joint Venture Invests With Taconic Vets

Aug 14 2013 | 9:28am ET

Hermes BPK Partners and Northern Lights Capital Group have picked the second beneficiary of their new hedge-fund seeding joint venture.

New York-based Altalis Capital Partners joins Taurasi Capital Management in the Accelerator Fund's stable. Founded by Taconic Capital Advisors' former co-heads of North American equity, Samuel Elder and Adam Fox, Altalis is a value-oriented long/short equity shop.

It is unclear how much Accelerator invested with Altalis, but the firm's assets under management are now about $150 million, Hermes BPK and Northern Lights said in a statement.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Future of Private Equity: New Opportunities, New Challenges

Feb 3 2017 | 6:41pm ET

The private equity industry’s astonishing rebound since the financial crisis has...

 

From the current issue of