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

Jan 7 2014 | 12:34pm 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

Q&A: Star Mountain's Brett Hickey On Investing In 'The Growth Engine Of America'

Sep 22 2017 | 5:06pm ET

Lower middle-market companies form the economic fabric of the nation, but they can...

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

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

 

From the current issue of

With NFL season on the horizon, it’s time to take a look at our Fantasy Football value picks. Last year, we nailed it on Drew Brees, Jordan Howard, Frank Gore and Dwayne Allen. We missed pretty badly on Duke Johnson, Demaryius Thomas, Mohammed Sanu and Eli Manning.