EMERGING MANAGER BULLETIN: Latest developments within the emerging manager community
Heard Capital attracts $17m from Chicago's wealthiest William Heard
William Heard, founder, CEO and chief investment officer of Heard Capital LLC, has attracted $17 million in investments so far, reports ChicagoBusiness.com.
That's not much for a three-year-old hedge fund... But at just 31, Mr. Heard, trim as a high school sprinter, already pals with some of Chicago's wealthiest movers and shakers, the paper says.
Mr. Heard knew so few people when he landed in Chicago in 2010 that he turned to the Chicagoland Chamber of Commerce as a tip sheet for calls... After reaching out to Leslie Anderson, regional head of business banking at BMO Harris Bank, and Eric Reeves, general counsel of Duchossois Group, they became early supporters... (full article here).
Opalesque profiled Heard's fund in New Managers last year: Heard Capital: It is better to be nimble, thoughtful, and deliberate Two 20-something money managers raise $11m in Fort Worth
Patrick Browder and Robert Sunleaf, co-founders of Browder Capital, started their hedge fund in early 2013, and it's now an $11 million fund, reports Dallas News.
...Browder and Sunleaf set out to launch an atypical hedge fund in contrast to negativity associated with the industry in recent years. For starters, the minimum investment for its fund is $50,000, making it more accessible and appealing to investors looking to diversify and willing to take on more risk...(......................
To view our full article please login