Benton Retiring, Andor Closing Down

August 20th, 2008
| More
Andor Capital Management will close this fall and return money to its investors. Andor is a hedge fund spun-off from Pequot Capital Management in 2001. Co-founder David Benton told investors that the reason for the fund's close is his retirement from managing outside capital. According to sources familiar with Andor, the fund has lost money amidst the current market environment, but is not among the worst. Investors will start receiving money in October.
For Detailed Investor Profiles on these Investors, click below:
Pequot Capital Management*
Andor Capital Management*
Related People: Art Samberg; Dan Benton; Dan Benton*
Related Entities: Andor Global Hedge Fund; Andor Technology; Andor Technology Perennial Fund; Dawson-Herman Capital Management*; Pangaea Capital Management; Pequot Capital Core Fund*; Pequot Capital Management*; Pequot Matawin Hedge Fund; Pequot Special Opportunities; Willow Creek Capital*
Related Article Tags: Hedge Fund Launches and Hedge Fund Closings

Add a Comment

More Recent Headlines

Turnberry Closing Shop

Pershing Want Longs to Hold Out for Higher Bid

Activists Find Bidders for Investment Companies on their Own

Harbinger Acquires Stake in Cablevision

Plainfield Taking Activist Stance Against Riviera

Icahn’s 2008 YTD Activism Summary

Elliot wants changes at New Zealand Telecom

Enzon Pharma folds under pressure from shareholder activists

James Pallotta to spins off Tudor funds into Raptor Global

Fortress gives $300 million share grant to Adam Levinson