Judah Kraushaar, former head of global financial institutions equity research at Merrill Lynch, on Jan. 16 launched Roaring Brook Capital, an equity long/short shop with an “emphasis on rigorous research and value/"growth at reasonable price,” according to Kraushaar.

The firm has selected ATPI, a provider of technology services to hedge funds, to design and manage its IT infrastructure. Paul DiBlasi, president of ATPI, stated, “Roaring Brook has all the elements necessary to be highly successful. Our experience in building stable and secure IT environments for funds is part of that equation.”

Roaring Brook charges fees of 1.5% for management and 20% for performance. The minimum investment requirement is $1 million.