New Managers November 2015

NEW LAUNCHES: Three Stones, Acuitas

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Two years ago, Nick Tiller, an energy portfolio manager at SAC Capital Advisors LP, retired from the hedge-fund firm run by Steven A. Cohen after almost 12 years there, Bloomberg reported. He was to focus on Sustainable America, a charity he founded. He has apparently just started his own hedge fund that will focus on energy, agriculture and natural resources. Precocity Capital was founded in October and is based in Stamford, CT, according to LinkedIN.

David Meneret, former executive at Macquarie, founded Mill Hill Capital LLC in New York earlier this year. It will focus on market-neutral relative value investments in US credit. According to HFM, the Mill Hill Credit Opportunities Fund will be launched early next year. Separately, Gravitas Technology Services LLC said they had started a new partnership with Mill Hill, whereby Gravitas will provide the hedge fund with cloud hosting, archiving, network support and failover capabilities. Ex-Société Générale execs to start new hedge fund in Hong Kong

A group of former Société Générale traders, led Jong Beum Kim, is planning to start a new hedge fund that aims to profit from Asian market volatility and the mispricing of related securities, reported Bloomberg.

The Three Stones Asian Multi-strategy Fund, which will focus on relative value and volatility trading, is scheduled to start trading on Nov. 30. According to LinkedIn, Kim, former Co-Head of Equ......................

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