Tuscan Launches Offshore Fund

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.


In Depth

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Lifestyle

Einhorns Busts At WSOP, Finishes In 173rd

Jul 15 2014 | 10:48am ET

Greenlight Capital founder David Einhorn’s World Series of Poker won’t end at...

Guest Contributor

Common Risk Parity Misperceptions

Jul 16 2014 | 11:02am ET

Over the past few years, risk parity has become a component of most investors’...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note