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Ex-Tisbury, UBS Hedge Fund Manager Launches Long/Short Fund

The former head of Tisbury Capital Management’s Boston office has founded a long/short equity hedge fund shop.

Brian Steck has launched Laurel Capital Management, HedgeFund.net reports. The firm will employ a value strategy. It is not open to outside investment.

Steck step up Tisbury’s Boston office, which closed in advance of the hedge fund itself last year. He previously worked at K Capital and at UBS’s hedge fund division.

Merlin Securities serves as prime broker of the new firm.


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