Pensions & Investments – Lasair Capital, a woman-owned firm, is winding down its long/short equity focused hedge funds of funds, confirmed Carrie McCabe, founder and CEO, in an e-mailed statement.
Lasair Capital was backed at its founding in 2008 by a Fortune 10 pension fund, widely thought to be the $41.3 billion defined benefit plan of General Electric Co., Stamford, Conn., although neither Ms. McCabe nor GE executives have ever confirmed it. John H. Myers, former president and CEO of GE Asset Management, chairs Lasair’s external advisory board.
