Ex-Fairholme Co-Chief Launches Value Hedge Fund

Nov 16 2012 | 1:15pm ET

The former co-manager of Fairholme Capital Management has launched a hedge fund of his own.

Charles Fernandez's Barnstar Opportunities began trading Wednesday, the new Florida-based hedge fund said in a press release. Barnstar did not say how large the new fund is, but did say it took a multi-disciplinary, special-situations long-bias approach to investing, seeking out value opportunities.


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