Monday, 26 January 2015
Last updated 2 days ago
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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…