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New Managers November 2016

SEEDERS & PLATFORMS: Recent hedge fund backings, Meet Emma, your friendly A.I. helper

 

Ex-BlueCrest manager gets backing from Lighthouse

Ex-BlueCrest portfolio manager Ardy Hashemi plans to launch an equity hedge fund with the backing of $200m from US-based Lighthouse Investment Partners, sources told Reuters. Lighthouse manages about $8.5bn in assets. Hashemi is expected to start London-based Hashemi Asset Management in the new year and will focus on European equities as part of a long-short strategy. Former Corvex exec gets seed money from Constellation

Nick Graziano, a former top executive at hedge fund Corvex Management, has obtained early-stage financing from Constellation Seeding, putting his new hedge fund on track to start trading on Nov. 1, reported Reuters.Greenwich, Connecticut-based Venetus Partners LP plans to invest in mid-sized North American companies. Like Corvex, Venetus will buy stakes in underperforming companies and push management to make improvements, using shareholder activism as a tool to boost returns. The amount of seed money Constellation invested could not be determined. Ex-Goldman trader gets backers

Vivian Lau, 38, who once co-headed a multi-billion-dollar internal hedge fund at Goldman Sachs Group Inc., has attracted backing for her own firm, reported Bloomberg. HS Group, which counts David Bonderman's TPG Capital as a partner, and an unidentified sovereign wealth fund have pledged to invest in the hedge fund managed by Lau's One Tusk Investment Partners, said Michael Garrow, the Hong Kong-based chief investment officer at HS. The commitment is for at least three years, he said. Dickson family office seeds commodity long/short program ......................

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