Ex-Blackstone Alts. Chief Preps New Hedge Fund

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.


In Depth

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR