Kacela Debuts With Consumer, Retail Fund

Kacela Partners, a new U.S. equity long/short hedge fund run by Heirloom Capital cofounder Joanne Egrovich, launched on Jan. 1 with about $60 million in assets.

The fund, available in domestic and offshore versions, will “focus initially on the consumer and retail sectors,” according to Kacela Capital CFO Steven DiMartino.