Event-Driven focused Senrigan Capital to launch with Blackstone’s backing

October 26th, 2009
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Senrigan Capital, a new event-driven hedge fund manager founded by Nick Taylor, is preparing to launch its maiden Senrigan Master fund on November 2nd. Mr. Taylor was formerly an executive at Citadel Investment Group where he headed Asian and European principal investments, according to Bloomberg.

Senrigan Capital, a rarity in the recent line of smaller fund launches, has investors committed to at least $220 million. Senrigan Capital will invest in publicly-traded Asian securities, principally employing event-driven and capital structure arbitrage strategies.

The fund is backed by the Blackstone Group, a major private equity firm, which has provided Senrigan with $150 million in seed capital for the next three years. Senrigan will be the largest start-up to focus on Asia since the launch of Broad Peak Investment Advisers in May of 2007, which opened with $1 billion. So far this year, 40 new hedge fund start-ups have launched with Asian focuses, raising on average less than $20 million each, according to Eurekahedge.
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For Detailed Investor Profiles on these Investors, click below:
Citadel Investment Group
Senrigan Capital
Related People: Brandon Haley; Becket Wolf; Chris Nash (COO); David Grossman; David Hensle; Derek Kaufman; Jeff Runnfeldt; Julia Tsai; Kaveh Alamouti; Kenneth Griffin; Kevin Kwong; Mark Stainton; Nick Taylor; Ryan Garino; Steve Weller; Yasu Kuga
Related Entities: Blackstone Group; Citadel Alternative Asset Management; Citadel Equity Fund; Citadel Kensington; Citadel Wellington; Equiduct; Modal Capital Partners*; New Castle Re; Senrigan Capital Group; Senrigan Capital Group Ltd; Senrigan Master Fund; Sowood Capital*
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Launches and Hedge Fund Closings

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