Windy City's SG Capital Raises $11M For New Fund

Jan 7 2014 | 11:34am ET

Chicago-based investment advisor SG Capital Management has launched a new fund, the Cedar Street Teton Fund.

Regulatory filings show the $375 million firm has raised $10.8 million for the new vehicle.

SG was founded in May 2002 by former Mesirow Financial duo Ken Grossman and Glen Schneider. Grossman co-managed Mesirow Financial Asset Management with responsibility for the small-cap equity portfolio and fixed-income portfolio management. Schneider joined Mesirow as vice president, portfolio manager and analyst of the long-only small-cap product.

SG's Cedar Street funds include the flagship $261 million Cedar Street Fund-Class B Market Neutral, which launched in June 2006 and focuses on small-cap names. The firm also offers separately managed accounts run pari passu to its flagship.

The firm generates additional inflows from several managed account platforms including Arrow Capital Management, Hedge Fund Research, Innocap and LUMA Solutions Services.

SG Capital declined to comment for this story.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of