Launches/Closures

2007-10-02

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  • Sprott joins flotation club

    Sprott Inc joined the growing hedge fund initial-public-offering club last week with its announcement of listing on the Toronto Stock.

  • Laurus-Valens looks to satiate private placement yen

    Laurus-Valens, an investment management firm that invests in publicly traded micro-cap and late-stage private companies, has launched a new yen-denominated investment vehicle called the Valens Yen Fund.

  • Kellport to make a foray into hedge funds

    Kellport Capital Management, a long-only manager with over $700m in assets, is planning its first hedge funds foray, to be launched some time over the next few months.

  • Former Lehman pro to launch fixed-income fund

    Rick Rieder, most recently head of global principal strategies at Lehman Brothers, has set up his maiden hedge fund.

  • Former MMG exec launch energy fund

    John Morris, most recently a senior vice president at Money Management Group, and Thomas McAndrew, founder of Enchanted Rock Capital Management, an energy commodity hedge fund, have formed Electranet Capital.

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