Emerging Manager Launches Deep Value Fund

Dec 1 2005 | 9:47pm ET

New York-based hedge fund Watsek Value Management has just launched its first fund, the Watsek Deep Value Fund, with $5 million in commitments.

Randall Watsek, president and portfolio manager, will invest in stocks of 15-25 companies he believes to be deeply undervalued, including both those located in the U.S. and overseas.

"Value investors look at the cheapest 40% of firms, I look at the cheapest 5%," said Watsek, a former research analyst at Dalton, Greiner, Hartman, Maher & Co.


In Depth

Q&A: Tsai Capital Founder Sees Long-Term Opportunities In Emerging Markets

Apr 10 2014 | 9:48am ET

Christopher Tsai, whose $28 million long/short hedge fund is up 29% since inception...

Lifestyle

Hedge Fund Manager's 'Iceberg Home' Melts

Mar 28 2014 | 4:58am ET

Bregal Capital founder Edmund Lazarus was set to get what many other London hedge...

Guest Contributor

AIFMD: Time To Back Up On Reverse Solicitation

Apr 8 2014 | 6:18am ET

U.S. fund managers are finding roadblocks to marketing in the European Economic...

 

Sponsored Content

Service Providers


Publisher's Note

    Hedge Funds Care Gala Raises $2 Million For Charity

    Mar 10 2014 | 11:33am ET

    A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…