Friday, 19 December 2014
Last updated 9 hours ago
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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
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.