Wednesday, 25 November 2015
Last updated 13 hours 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.
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…