Andrew Ellner, the former co-head of Global Equity Derivatives at Lehman Brothers, is prepping the LightBox Master Fund, a market neutral hedge fund, to launch sometime in January.
The new fund, which is slated to debut with $100 million, has lined up a who’s who list of service providers including Goldman Sachs (prime broker), Seward & Kissel (law firm) and Rothstein Kass (auditor), according to HFAlert.
Ellner spent the last 11 years at Lehman from 1996-2007 as a managing director before leaving to form New York-based LightBox Capital Management.
Gabriel KurlandBy Gabriel Kurland: On November 12, 2009, the U.K.’s Serious Fraud Office (“SFO”), an independent government department that investigates and prosecutes fraud and corruption cases, announced that it is probing the London-based, Dynamic Decisions Capital Management Ltd., after the matter was referred to it by the Financial Services Authority. More...
Ireland has launched the EUR 26 million ($40 million) Bank of Ireland Seed and Early Stage Equity Fund to invest in startup and early stage companies. More...