Thursday, 26 November 2015
Last updated 1 day ago
Mar 17 2008 | 1:04am ET
Woman-run hedge fund firm Hagin Investment Management has added Nathan Lee to its portfolio and risk management team.
The new addition makes the New York-based quantitative hedge fund one of only a handful in the industry that has a portfolio management team solely comprised of a woman and a minority.
Reuters recently estimated that of the 9,000 hedge fund firms worldwide, only about 100 are run or owned by women and minorities. Since 2003, these managers have outperformed their peers by 3.5% annually, net of fees, according to the HFRX Diversity Index.
"We find that having a diverse management team offers a more nuanced interpretation of the market," said Patrick Morris, partner, "and are happy to welcome Nathan to the team."
Lee previously held positions at Tremblant Capital and HSBC. The two firms are partners in Hagin Investment Management.
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…