Sat, Nov 22, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers July 2014

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

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

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. Regulatory - Stringent rules for hedge funds make the financial system fragile[more]

    From FT.com: …It is one thing to impose a regulatory burden when there is a clear need to do so. Banks are underwritten by taxpayers via deposit insurance as well as the too-big-to-fail safety net; they need to be reined in, and if they shrink as a result, that may be welcome. But it is another thin

  2. Investing - Apple: Hedge funds are crazy about it, Greenlight Capital took stake in Citizens Financial after IPO, Tiger Global added to Hertz, exited Dollar General last quarter, Oberweis sells NQ Mobile stake as Valiant adds shares, Whitney Tilson sticks to losing bet on MagicJack shares, Brigade Capital backs €90m Quinn sale[more]

    Apple: Hedge funds are crazy about it From Techinsider.net: Apple Inc. is still the most popular stocks among hedge funds. According to a recent report by hedge fund tracking site Insider Monkey, more than one out of 5 hedge funds are invested in Apple Inc. At the moment there are

  3. Greenlight Re CEO says hedge fund reinsurance strategy buzz is validating[more]

    From Artemis.bm: The attention being paid to the hedge fund reinsurance business model and the fact that others are now looking to leverage bits of it within their own strategies, is validating for reinsurer Greenlight Capital Re, according to CEO Bart Hedges. There has been an increasing buzz

  4. Legal - Hedge fund manager fights £8m tax tribunal ruling[more]

    From FT.com: A hedge fund manager who may have to repay £8m in tax is trying to overturn a tribunal ruling that found he had attempted to shelter millions in an avoidance scheme. Patrick Degorce, chief investment officer at Theleme Partners, lost a tax tribunal case last year. HM Revenue & Customs c

  5. Europe - Hedge funds face exit tax as Iceland central bank discusses plan[more]

    From Bloomberg.com: Hedge funds and other creditors with claims against Iceland’s failed banks face an exit tax as the island looks for ways to unwind capital controls without hurting the economy. The government targets having a plan it can present by year-end that would map out how Iceland will sca