AlphaWorks Readies Maiden Hedge Fund

Oct 4 2007 | 6:29am ET

New York-based AlphaWorks has hired Ivan Feinseth as chief investment officer and portfolio manager in advance of its first offering, an equity market neutral hedge fund, set to debut later this year.

Feinseth is the co-founder of Matrix Investment Research, a money management and investment research firm.

“We are delighted to have a portfolio manager of Ivan’s caliber,” said Ron Resnick, AlphaWorks’ founder and CEO. “Ivan will manage a long/short equity hedge fund driven by an investment process which has garnered numerous Wall Street accolades.”

In addition, Alphaworks has also hired Mark Smith, former senior risk officer at SAC Capital Advisors, as its risk officer and Michael Donohue, a former research associate at Matrix, as its analyst. 

AlphaWorks' new offering will focus on U.S. mid-to-large cap companies and combine a quantitative financial analysis model with a qualitative final stock selection process, according to Resnick.

“We’re not a black-box, stat. arb. firm and people are attracted to our unique investment process,” said Resnick, who declined to provide further details on the new offering citing regulatory restrictions.

Resnick formerly served as a managing partner of Highbridge Capital Management before leaving that firm in June of 2006 to found AlphaWorks.


In Depth

Why Ponzi Schemes Work: An In-Depth Look At The Allen Stanford Fraud

Dec 21 2014 | 10:30am ET

Texan Allen Stanford first appeared on the radars of financial regulators in 1997...

Lifestyle

Hedgie Funds US Squash Program

Dec 24 2014 | 8:46am ET

Squash, anyone?

Guest Contributor

EidoSearch’s Top Three Market Projections For 2015

Dec 23 2014 | 4:03am ET

It is that time of year again when prognosticators make their big market calls for...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.