Wed, Jul 29, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Chicago startup embraces investment management divergence trends with nimble long-biased equity fund

Tuesday, January 07, 2014

amb
Scott Wallace
Benedicte Gravrand, Opalesque Geneva, for New Managers:

Scott Wallace, founder and CIO of a Chicago-based hedge fund startup called Shorepath Capital Management, ventured into the entrepreneurial world after more than 12 years at AllianceBernstein as a US Large Cap Growth Portfolio Manager and Team Leader, and 15 years at JPMorgan as a managing director.

His long-biased equity fund, Shorepath Opportunity Partners LP, was started in February 2013 and has been running on internal capital so far; it will launch officially as soon as external capital is raised. It returned approximately 39% (gross) in 2013.

Scott hopes to combine the long term, research-based stock selection skills from the long-only world with the unconstrained investing techniques and risk management skills from the hedge fund world. He aims to make thoughtful investment decisions, both long and short, irrespective of artificial divisions of asset class, style box, market cap, geography and above all, investment techniques.

Down with Balkanisation The investment management business has become far too Balkanized, Wallace states, between long-only and alternative factions. Now is the time for a change.

"For quite a long time now, the investment management world has been separate......................

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. Bridgewater turns bearish on China[more]

    Komfie Manalo, Opalesque Asia: The world’s biggest hedge fund Bridgewater Associates and one of the most vocal of China’s potential is now turning its back against the world’s second largest economy as it joins a growing list of high-profile investors who are challenging China’s potentials.

  2. Opalesque Exclusive: Despite bumpy June/July, CTAs hold on[more]

    Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,

  3. Launches - Ex-Brevan Howard star Rokos builds team for new fund, Former Och-Ziff manager’s firm starts health care hedge fund, Industry veterans launch commodity investment firm Aron Capital Management, Nikko Asset Management launches two UCITS funds, Capital Group plans to debut Asian investor targeted fund[more]

    Ex-Brevan Howard star Rokos builds team for new fund From WSJ.com: Chris Rokos, a former star trader at Brevan Howard Asset Management LLP, has hired an economist from Nomura to join the team he’s assembling for his much anticipated hedge fund launch. Mr. Rokos, whose firm is due to b

  4. Institutions - Pension fund dismisses Texas consultant, Rhode Island pension fund gets 2.2% investment return, far below assumed rate of 7.5%, New Jersey pension investments see a drop-off in returns[more]

    Pension fund dismisses Texas consultant From Sandiegouniontribute.com: The county retirement board on Thursday terminated the Texas consultant who was given the reins of the $10 billion pension fund, and whose investment picks left many employees and retirees feeling taken for a ride.

  5. SWFs - Sovereign wealth funds paid around $14 billion in fees[more]

    From SWFinstitute.org: When it comes to the financial sector, asset management is one of the most profitable industries in the world. The Boston Consulting Group put out a 2014 figure saying there is US$ 74 trillion worth of professionally-managed assets. One of the fastest growing institutional inv

 

banner