#long-short-equity

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fromBusiness Insider
59 minutes ago

Ex-Sequoia investor Jeff Wang's new hedge fund had Morgan Stanley's Breakers conference abuzz

His new firm, Augnition Global Investors, is set to be a long-short equity investor that will also invest in private companies, a person close to the firm said. Alan Lo, a longtime partner and director of operations for New York-based SRS Investment Management, will be Wang's number two at the new fund. Those at the Breakers conference expect him to raise at least $1 billion, the two conference attendees told Business Insider.
Fundraising
#hedge-funds
fromBusiness Insider
7 months ago
Startup companies

Investors put billions into old-school stockpicking hedge funds. Here's why long-short equity strategies are back in style.

Startup companies
fromBusiness Insider
7 months ago

Investors put billions into old-school stockpicking hedge funds. Here's why long-short equity strategies are back in style.

Long-short equity funds saw a resurgence in fundraising, raising $22.8 billion in the first quarter, signaling renewed investor confidence.
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