Wed, May 27, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Two former Millennium managers hit the ground running with new industrials-focused hedge fund

Wednesday, January 04, 2017

amb
Lee Bressler
Benedicte Gravrand, Opalesque Geneva for New Managers:

Two fund managers who used to work at Millennium, a global investment management firm headed by Izzy Englander, have launched a market neutral hedge fund focused on industrials sector equities.

Lee Bressler and Brandon Bradford launched Carbon Investment Partners on 1st November 2016 with backing from the family office of Rick Nagel and Acorn Growth Companies, a private equity firm specialised in aerospace and defence companies (of which Rick Nagel is managing partner).

Most recently, Lee Bressler was a vice president and sector head for industrials at Sterling Ridge Capital Management. Before that, he served as senior analyst at Balyasny Asset Management, and worked at Millennium Partners and Cobalt Capital Management. Bradford was a partner at Acorn in Oklahoma City for three years, after his time at Millennium. Before Millennium, he was a senior analyst at Vollero Beach Capital Partners, a $1bn market neutral hedge fund.

The fund managers, based in New York City, have gathered about $10m from their backers and the Carbon Master Fund, LP returned 5.7% in its first month.

Both have deep expertise in industrials and have covered various sub......................

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. Tiger Global tops the list US-based venture capital market[more]

    Laxman Pai, Opalesque Asia: Tiger Global Management holds on to its position as market-leader in US-based venture capital, said a study. According to Preqin, the closure of tech-focused Tiger Global Private Investment Partners XII in January means the New York-based firm has raised more than

  2. Tech: Fintech startup Brex closes $150m in pure venture funding amid recession[more]

    From Business Insider: Brex, the 3-year-old fintech unicorn, raised an additional $150 million in equity funding from existing investors and Lone Pine Capital, the company announced Tuesday. The cash infusion raised the startup's valuation to "around the $3 billion mark," cofounder and co-CEO Henriq

  3. PE/VC: Venture debt set to take prominent role, Building out Goldman Sachs's private-equity business[more]

    Venture debt set to take prominent role From PE News: Venture debt financing could be having its moment as the equity market becomes less friendly to start-ups. About $10bn worth of venture debt deals were made this year as of 21 April, a pace set to eclipse the roughly $25bn in such de

  4. Study: Emerging market bond issuers take hit as global recession deepens, The coronavirus pandemic could cost the global economy a nightmarish $82tn over 5 years, a Cambridge study warns[more]

    Emerging market bond issuers take hit as global recession deepens Increasing credit stress evident amongst many high-yield EM non-financial corporates as coronavirus disruption takes its toll, says Moody's. 74 out of 106 rated EM sovereigns have a stable outlook as of 30 April 2020 (compa

  5. Investing: Singer bets on Europe, emerging markets, Britain's unhealthy appetite for financial risk in essential services, How Stan Druckenmiller shook up his portfolio[more]

    Singer bets on Europe, emerging markets From Investment Magazine: William Blair's Brian Singer is looking to invest in Europe and the emerging markets as the recovery from the global economic shutdown to contain the pandemic will likely take longer than what the market has priced in.