Pequot Debuts Long/Short Equity Hedge Fund

Pequot Capital Management is in launch mode as the $6.5 billion firm prepares to debut its second hedge fund of the year. The Connecticut multi-strategy shop is launching the Pequot New Vision Fund on April 1 with $18.1 million in assets.

A global long/short offering, the fund seeks to produce “attractive returns with consistent alpha by identifying global emerging growth opportunities that are fundamentally mispriced by the market,” according to a fund summary obtained by FINalternatives.