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New Managers January 2013

Launches - A recapitulation of maiden launches in the last 30 days, and related matters

We recently heard of those ex-hedge funders (including a couple from Tudor, a couple from Soros, and a few more from SAC) striking out on their own:

  • Ex-FrontPoint manager Tim Flannery, who ran utility and energy fund Copia Capital, which had to be liquidated in December, is apparently planning a comeback in March.
  • Steve Gross, whoĂ‚ was previously portfolio manager at Tudor Investments and before that, partner atĂ‚ Penso Capital Markets and fund manager at Millennium, has just launched AlphaParity in New York and its new fund, the All-Weather Strategy (full Opalesque Exclusive article in AMB and in this publication's Profiles section).
  • Andrew McMillan, Another former portfolio manager at Tudor Investment Corp who oversaw energy investing from Singapore is setting up his own business with five former colleagues. Tudor partners may invest with McMillan when he preps his fund.
  • Imran Hussain, former head of emerging market debt and currency portfolios for BlackRock, quit and partnered with former Octagon Asset Management head portfolio manager Mead Welles to launch a new emerging markets fund in New York called Infineon......................

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    This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
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