Sun, Apr 30, 2017
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. Opalesque Exclusive: Ex-Man manager combines sustainable investing with AI/ML[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Dr. Richard Bateson, quant fund manager and physicist, has recently

  2. Gondor Capital sees challenges ahead for financial markets as two hedge funds post strong gains in Q1[more]

    Komfie Manalo, Opalesque Asia: Vincent Au, portfolio manager of New York-based hedge fund firm Gondor Capital Management believes that the remaining of the year would be challenging for the financial markets even as his two hedge funds maintain

  3. Service Providers - Colemore launches fee tracking service for limited partners[more]

    Following Colmore's successful launch in January 2017, the firm has announced the launch of FAIR.. FAIR is designed to help private equity investors independently validate fees and incentives charged by underlying managers, saving time and providing an extra level of comfort. There is a glob

  4. Regulatory - 'Fist bumps' at hedge funds over Trump's tax plan[more]

    From Reuters.com: U.S. hedge fund managers began warming to President Donald Trump soon after his surprise election ignited a powerful stock market rally. Now, his dramatic tax cut plans give them even more reasons to cheer. Trump, looking to make good on pledges for sweeping tax reform, on Wednesda

  5. Investing - Some of the world's biggest hedge funds think private equity stocks are cheap, International stock funds attract $1.8 billion post-French election, ValueAct unveils interest in KKR as firm shows earnings beat[more]

    Some of the world's biggest hedge funds think private equity stocks are cheap From Forbes.com: As institutional investors pile into new mega-sized private equity funds, allowing firms like Apollo, Blackstone, Carlyle and KKR to raise record amounts of cash, much of this gush of money has