Falcon Henge Launches Long/Short Fund

Jan 19 2006 | 8:41pm ET

New York-based Falcon Henge Partners has launched a long/short equity fund, which will focus on the global consumer space.

The new fund, Falcon Henge I, is being managed by Keith McCullough and Harry Schwefel, both of whom left asset management firm Dawson-Herman Capital Management in October to set up their own shop.

The two are also working on launching two more funds, Falcon Henge II and an offshore limited vehicle. According to sources close to the firm, the fund, which will invest in retailers, restaurants, gaming, lodging, footwear and other consumer products, currently has $10 million in assets under management and aims to close at $400 million.

The minimum investment is $2 million and fees will be charged on a sliding scale starting at 1.5% for management and 20% for performance for a one-year lockup. 


In Depth

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Star Mountain: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of