Goldfinch’s Thielke Readies Natural-Gas Hedge Fund

May 14 2014 | 1:25pm ET

A former Goldfinch Capital Management and SandRidge Capital portfolio manager is set to launch his own hedge fund this summer.

Rick Thielke has founded Mirarc Capital Management with former Cornerstone Global Commodities energy broker Brandon Cochran. The Houston-based natural-gas fund will debut in July, Cochran told Reuters.

According to Sparkspread, Mirarc will have “substantial” backing from an institutional investor.

Thielke’s move to strike out on his own comes little more than a year after he joined Houston-based Goldfinch. He formerly spent three-and-a-half years as head of analytics at Sandridge, and previously worked at Louis Dreyfus Commodities and Merrill Lynch Commodities.

Cochran is a former trader at high-frequency trading firm Quantlab Financial. Mirarc will also feature Divya Brown, a former lawyer for oilfield services company Aker Solutions, as chief operating officer.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Future of Private Equity: New Opportunities, New Challenges

Feb 3 2017 | 6:41pm ET

The private equity industry’s astonishing rebound since the financial crisis has...

 

From the current issue of