Tuesday, 2 September 2014
Last updated 7 hours ago
Nov 18 2013 | 1:51pm ET
Montrica Investment Management co-founder Svein Hogset is leaving TPG-Axon Capital Management three years after the firm acquired his hedge fund, in order to set up a new one.
Svein Hogset plans to return to Oslo, Norway, next year, reportedly for family reasons. But that will not keep him on the sidelines, as he plans to launch a European mid-cap long/short hedge fund, according to Financial News.
Hogset's new firm will be a concentrated vehicle investing across all sectors.
Hogset's departure will see New York-based TPG shut its small London office, which is a legacy of its acquisition of Montrica in 2010. The office's two analyst both worked with Hogset; one will remain with TPG and will move to Hong Kong, the other will leave the firm.
Hogset, who worked with TPG founder Dinakar Singh at Goldman Sachs before founding Montrica, remained at TPG in spite of the firm's move last year to shut Montrica's only hedge fund. According to FN, his departure now is amicable.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...