Thu, Apr 25, 2024
A A A
Welcome Guest
Free Trial RSS pod
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

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1