Wed, Aug 31, 2016
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. The Big Picture: Water is single largest environmental investment opportunity[more]

    Benedicte Gravrand, Opalesque Geneva: Water, the world’s most precious and undervalued commodity, is set to lead the socially and environmentally responsible investment themes. This is according to specialist fund manager Thomas Schumann. His firm,

  2. Commodities - Hedge funds pile into bullish bets on U.S. crude by most on record, Rig count steady, hedge funds dump short contracts on 63 million barrels, Hedge funds bail on Copper as Goldman predicts ‘supply storm’, Hedge funds pile up bets against sterling[more]

    Hedge funds pile into bullish bets on U.S. crude by most on record From BRecorder.com: Hedge funds and other speculators raised their bullish bets on US crude oil in the past week by the most on record fuelled by speculation that Organization of the Petroleum Exporting Countries will agr

  3. Investing - U.S. hedge fund Marathon makes Brexit bet on European property, Hedge funds love Liberty and John Malone, DE Shaw could bid for control over TerraForm Power, New York hedge fund increases stake in Tronc as sale talks continue, Don't wait too long to check this +20% value fund's ideas[more]

    U.S. hedge fund Marathon makes Brexit bet on European property From FT.com: Marathon, a $13bn US hedge fund, is building a big Brexit trade, increasing its investments in property across Ireland, France, Germany and the Netherlands, in a bet that they will be among the big beneficiaries

  4. Opalesque Exclusive: Investors struggle to identify the better performing hedge funds[more]

    Komfie Manalo, Opalesque Asia: Fund managers and investors believe that performance is one of the major factors driving change in the hedge fund industry, a Preqin survey showed in its latest Hedge Fund Spotlight. Preqin said that the disappoin

  5. …And Finally - Baby born on Cebu Pacific airplane gets 1 million air miles[more]

    From CNN.com: Here's one kid who'll probably learn to fly before she can crawl. After being born four hours into a flight from Dubai to Manila, baby girl Haven has been gifted 1 million air mile points. Haven's mom went into labor more than five weeks early while flying on an aircraft op