George Weiss & Associates to launch new multi-strategy offering
| October 25th, 2005 |
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George Weiss & Associates is expected to start accepting assets from external investors later this year through a new hedge fund vehicle. The multi-strategy manager, which was found by George Weiss in 1978, reportedly manages approximately $1 billion in assets for firm principals, but has not managed assets for outsiders for over 10 years.
When George Weiss & Associates last ran money for external investors, the hedge fund portfolio reportedly returned more than 50% per year on an annual basis. Accordingly, investor interest is expected to be very high for this year’s launch. |
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| George Weiss; | Orest B. Stelmach | | Weiss Multi-Strategy Advisors; | George Weiss Associates Inc; | GWA LLC ; | Weiss Multi-Strategy Partners LLC | More Recent Headlines
