LG Capital Nets Another $20 Million

Feb 14 2014 | 8:02am ET

A Maryland hedge fund has raised nearly $60 million—a third of it since last summer.

LG Capital Management said in a regulatory filing that its eponymous hedge fund had raised a total of $59.9 million. The fund, which debuted in 2011, had raised only $40.2 million as of August.

LG is based in Owings Mill, outside of Baltimore.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...