Fort Worth's Browder Capital Expands To Florida

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.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…