Tue, Sep 30, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Former Eos, Alden Capital execs form new Connecticut-based hedge fund firm called MeehanCombs

Wednesday, April 25, 2012

From Precy Dumlao, Opalesque Asia:

Three experienced hedge fund executives have decided to join forces and launch a new hedge fund firm that will focus on investing in global credit opportunities, with an emphasis on Europe: Eli Combs, Matt Meehan and Jim Plohg formed this week MeehanCombs LP.

The creation of MeehanCombs came after Combs announced last week that he was resigning from Alden Global Capital, where he had been one of the founding members for four years and Randy Smith’s second-in-command.

Combs said in his resignation that he had a high level of respect for Randy Smith’s investment ability and that he would keep his investment with the firm. Alden recently registered with the SEC and completed a formal split from Smith Management, the Smith family office. It is led by John Ferguson who joined Alden last year. The IR and marketing team will be led by Marc Cali, who joined Alden in 2011 and was formerly head of marketing and IR for Third Avenue.

Combs cited the opportunity presented to him with the creation of MeehanCombs and added, "I will be joining my friend and former colleague, Matt Meehan. I will be the President of MeehanCombs, and Matt will be the Chief Investment Officer. Our new firm will be headquartered in Greenwich, a short drive from my home in Connecticut. My departure from Alden is reflective of this positive opportunity."

Meehan will also be the concurrent p......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Socially responsible investments grow in demand, but performance questions persist[more]

    Komfie Manalo, Opalesque Asia: A study by financial services firm TIAA-CREF showed that interest in socially responsible investing (SRI) is increasing rapidly, but investors are still asking if investing in an SRI strategy

  2. Outlook - Julian Robertson: There are two bubbles that can bite us[more]

    From Businessinsider.com: Legendary hedge fund manager Julian Robertson gave a warning about two bubbles that could "bite us" at Bloomberg Market's Most Influential Summit. "I agree with the fact that the economy is definitely getting better. I think the cause of that is two bubbles that will

  3. Manager Profile: Leon Cooperman: The stock market is 'fairly valued,' but the bond market is 'overvalued'[more]

    From Businessinsider.com: Leon Cooperman of Omega Advisors and Howard Marks of Oaktree just finished a panel at Bloomberg's Most Influential Summit. Bloomberg TV's Stephanie Ruhle was the moderator. The two titans, who have known each other for 40 years, spoke about the market and the state of

  4. North America - Some newly registered U.S. hedge fund advisers are ‘cherrypicking’[more]

    From Reuters.com: Some newly registered U.S. hedge fund advisers are "cherry-picking" investments to showcase their performance and improperly changing how they value securities, an agency official said on Monday. Andrew Bowden, head of the SEC's Office of Compliance, Inspections and Examinati

  5. Regulatory - Ireland launches structure for passporting loan origination funds within EU[more]

    From Asiaasset.com: The Irish Funds Industry Association (IFIA) has introduced new loan origination capabilities that will offer Asian managers and investors a new structure under the European Union’s (EU’s) Alternative Investment Fund Managers Directive (AIFMD). The new structure will allow the mar