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.
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...
According to a survey of 300 executives by Ernst & Young, the world’s biggest companies are poised to increase spending cleantech solutions. More...