Cibelli Raises $20M For New Hedge Fund

Mar 10 2014 | 1:30pm ET

Mario Cibelli, founder of New York-based Cibelli Capital Management, has raised $20 million for his latest hedge fund.

The Marathon Partners 4X6 Fund launched in February, according to regulatory filings. The fund carries a minimum investment of $250,000.

Cibelli manages the activist hedge fund Marathon Partners. His firm had roughly $213 million in assets under management as of June 1, 2013.

A request for further information about the new fund was unanswered as of press time.

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