New Trend Capital launches flagship US Equity hedge fund
| November 24th, 2009 | ||
| New Trend Capital Management has launched its flagship hedge fund the New Trend US Equity Fund. The fund will follow a long/short strategy that will be “driven by an algorithm, removing the challenges of human biases,” according to its press release. The portfolio will have 30-50 active positions, and no single position will hold over 10% of the portfolio. The Trend US Equity hedge fund will be managed by co-CEO Steven Granot, former Director of US Equities at UBS and Vice President of US Equities at JP Morgan, and co-CEO Marc von Rohr, former Director of Asian Equities at UBS and proprietary trader for First New York Securities. New Trend Capital is owned and managed by New Trend Capital Partners, a firm that provides management and advisory services to investment managers, investment funds and individual investors. | ||
For Detailed Investor Profiles on these Investors, click below: |
New Trend Capital Management |
Related People: Marc von Rohr;
Related Entities: New Trend Capital Partners;
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Launches and Hedge Fund Closings
Add a Comment |
More Recent Headlines
Carl Icahn goes to Hollywood, Buying up MGM Studios’ bonds |
Red Robin Must Start Marketing Aggressively Again |
Solidifying a Hedge Fund Brand – What Not to Do |
Greg Coffey’s Moore Capital hedge fund outperformed by his old GLG fund |
Citadel, PIMCO, Pershing Square Capital and Samena Advisors add depth |
Phibro LLC opening Commodities Hedge Fund to New Investors |
Millennium Partner’s Israel Englander discusses the state of the Hedge Funds Industry |
Saturday Spotlight: Blue Ridge Capital, Fir Tree Partners, HBK Capital, and Ivory Investment Management |
Pershing Square’s Bill Ackman makes big move to block Landry’s Chairman |
Advice for Successfully Marketing UCITS III Hedge Funds |
Other Openings and Closings
The Big Hedge Fund Stories from 2011: Part 1 | ||
| January 25th, 2012 |
Clifford Asness’ AQR Capital preps for several Hedge Fund Launches | ||
| January 2nd, 2012 |
Yashwant Bajaj’s Juggernaut Asia Fund up 45% | ||
| December 27th, 2011 |
Czech Asset Management rises from the ashes of FrontPoint Partners | ||
| December 27th, 2011 |
Goldman Funding ex-Barclays Trader through Seeding Fund | ||
| December 14th, 2011 |
