Sunday, 23 November 2014
Last updated 2 days ago
Nov 9 2007 | 10:39am ET
San Francisco-based Tuscan Group has launched an offshore version of its $135 million long/short hedge fund. The Cayman Islands-domiciled Tuscan Offshore Investments debuted with $20 million on Oct. 1.
Both funds employ a long/short strategy in the technology space, including telecom and media but minus biotech, because “that’s a whole other specialty,” a source with knowledge of the fund told FINalternatives. The source did not provide performance numbers for the onshore fund, which has been trading since 2002.
Tuscan Offshore Investments uses Bank of America as its prime broker, Howard Rice as its law firm and Rothstein Kass as its auditor.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...