Hedge Fund Endowment Capital Adds CEO

Feb 12 2008 | 6:47am ET

A Philadelphia hedge fund that caters to university endowments and foundations has named a mutual fund executive as its new CEO.

Christopher Long has joined Philadelphia-based Endowment Capital Group from Friess Associates, where he served as chief operating officer. At Friess, he was also treasurer of the Brandywine family of mutual funds.

“Thanks to Chris Long coming on board, I can now focus exclusively on managing the portfolio and picking stocks,” Endowment Capital founder Philip Timon said. “At Friess, Chris proved his ability to successfully manage all of the non-investment aspects of a $17 billion investment firm, so the hand-off to him has been seamless.”

Timon, who set up Endowment Capital in 2004 after leaving hedge fund firm Downtown Associates, will now serve as chief investment officer and portfolio manager. The concentrated small- and mid-cap equity fund will reopen to new investors in the coming weeks, closing when it reaches $400 million.

The fund currently manages about $300 million.


In Depth

Q&A: Executive Recruiter Talks Hedge Fund Closures, Hiring Trends

Dec 19 2014 | 6:58am ET

This year, hedge funds have been closing at a rate not seen since the financial...

Lifestyle

Cooper-Hohn Won't Contest Divorce Settlement

Dec 18 2014 | 9:51am ET

The ex-wife of hedge fund billionaire Christopher Hohn will not contest a divorce...

Guest Contributor

Alternative Investment Funds Face A Communications Imperative

Dec 19 2014 | 6:10am ET

A handful of the top alternative investment firms on both sides of the Atlantic...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.