Sunday, 31 August 2014
Last updated 1 day ago
Jul 14 2014 | 9:21am ET
Fort Worth, TX-based hedge fund Browder Capital is expanding its operations to Florida.
The $11 million fund's 20-something founders, Patrick Browder and Robert Sunleaf, told the Dallas Morning News they would open a second office in the Tampa/St. Petersburg, Fla., area in mid-August.
Browder will move to Florida to establish the office, raise money and deal with clients.
“We want to grow in Texas. Florida is the next-best option,” he told the paper.
Founded in 2013, Browder Capital actively uses proprietary algorithms to guide its trading. The fund is structured as a separately managed account and carries a minimum investment of $50,000. The firm's management fee is based on investment size and there is no performance fee.
Browder Capital’s equity long/short fund returned 57.3%, net of fees, in 2013.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...