Emerging Hedge Fund Manager Spotlight: Slate Path Capital, Encompass Capital Advisors and SeaStone Capital

April 15th, 2013
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In this week’s Hedge Fund Spotlight report, we look at three emerging hedge fund managers that have recently joined several of our top hedge fund ranking lists. These emerging managers are all headquartered in New York City and include Slate Path Capital, Encompass Capital Advisors and SeaStone Capital Management.

Slate Path Capital is ranked #116 on the Top New York Metro Area Hedge Fund List and #24 on the Top Technology, Media & Telecom Focused Hedge Fund List. Slate Path was founded last year by David Greenspan who was previously a partner and managing director at John Griffin’s Blue Ridge Capital. Greenspan joined Blue Ridge in 2000 where he was previously responsible for managing a sub-portfolio for the $6.5 billion hedge fund manager. Slate Path Capital’s founding investment team includes two of Greenspan’s Blue Ridge colleagues, Stephen Cook and Ethan Binder.

Encompass Capital Advisors is ranked #143 on the Top New York Metro Area Hedge Fund List, #14 on the Top Mid-Sized Hedge Fund List, and #10 on the Top 50 Commodities Equity Focused Hedge Fund List. Encompass Capital is an energy stock focused hedge fund manager that was founded in late 2011 by lead portfolio manager Todd Kantor. Kantor spun-off Encompass Capital from Ken Griffin’s Citadel Investment Group. Not only did Kantor receive a reported $100 million in seed funding from Ken Griffin, but he also brought Holt Calhoon, Peter Chidyllo, Michael Jacobs and Jeremy Sussman from Citadel’s PioneerPath group along with him to launch Encompass.

SeaStone Capital Management is ranked #62 on the Top Mid-Sized Hedge Fund List and #171 on the Top New York Metro Area Hedge Fund List. Kenney Y. Oh founded SeaStone Capital last year and launched its flagship SeaStone Partners hedge fund with $205M in assets under management. Before launching SeaStone, Mr. Oh was a Senior Managing Director and Portfolio Manager at Reservoir Capital Group. Prior to Reservoir Capital, Kenney Oh was the Co-Founder and Head of Research at SAB Capital Management.

Emerging hedge fund managers overall have been joining HedgeTracker’s top Lists at a fast rate. Notably, emerging managers accounted for 20% of the hedge funds on HedgeTracker’s Top Mid-Sized Hedge Fund List.

HedgeTracker releases a series of top hedge fund lists on a quarterly basis. To view the Top Hedge Fund lists in their entirety, please visit HedgeTracker’s Hedge Fund Portal.
For Detailed Investor Profiles on these Investors, click below:
Blue Ridge Capital
Citadel Investment Group
Encompass Capital Advisors LLC
Slate Path Capital LP
SeaStone Capital Management
Related People: Brandon Haley; Anthony Chaves (CFO); Becket Wolf; David Grossman; David Hensle; Derek Kaufman; Ethan Binder; Holt Calhoon; Jeff Runnfeldt; Jeremy Sussman; John Griffin; Kaveh Alamouti; Kenneth Griffin; Kenney Y. Oh; Mark Stainton; Michael Jacobs; Peter Chidyllo; Ryan Garino; Stephen Cook; Steve Weller; Todd Kantor
Related Entities: Encompass Capital Partners; Sea Stone Capital; SeaStone Advisors LLC; Slate Path Capital GP; Slate Path Intermediate Fund; Slate Path Master Fund; Blue Ridge Capital LP; Blue Ridge Offshore LP; Citadel Alternative Asset Management; Citadel Equity Fund; Citadel Investment Group (seeder); Citadel Kensington; Citadel Wellington; Encompass Capital Fund LP; Encompass Capital Master Fund; Equiduct; New Castle Re; SeaStone Partners LP; Slate Path Partners; Sowood Capital*
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Jobs, Hirings and Firings; Hedge Fund Launches and Hedge Fund Closings


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