We recently heard of those ex-hedge funders striking out on their own:
Spartan Fund Management, an emerging hedge fund manager platform located in Toronto announced the launch of a new fund - the Noble Bay Energy Fund, a multi strategy energy fund managed by Mark Ellis. Prior to founding Noble Bay, Mark was a founding partner of Rayne Capital, a Calgary based energy fund that returned over 63% in 4 ½ years to its investors (Opalesque Exclusive). Note: More on Spartan in next month's issue.
Racon Capital Partners, a new Milwaukee hedge fund founded by ex-Stark Investments professionals, has raised $35 million and is preparing to launch its first fund.
Keith Anderson, the former CIO for George Soros' money management firm, is raising money for a new macro hedge fund. He left in June 2011 when Soros returned money to investors and converted his firm into a family office. Before that Anderson was at BlackRock, which he co-founded, for 20 years.
The principals of Forum Asset Management have come together again after a decade to launch a new firm, Connecticut-based Waypoint Asset Management, late last year. Their new emerging markets fund is open to investors (......................
This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.