Thursday, 26 November 2015
Last updated 1 day ago
Feb 12 2008 | 12:22pm ET
A high-profile female hedge fund executive is preparing a new hedge fund for launch within the coming months.
Carrie McCabe, who cut her teeth as CEO of Blackstone Alternative Asset Management and FRM Americas, is currently raising money for her Lasair Capital, Reuters reports. The new fund is backed by GE Asset Management and boasts Tanya Beder, former head of Citigroup’s Tribeca Global Management, and John Myers, chairman of AG Asset Management, as advisers.
Lasair, the self-proclaimed “next generation” firm, is targeting institutional investors and said it will invest in hedge funds, infrastructure and timber assets.
It is unclear how much McCabe plans to raise for the new offering.
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…