{"id":7233,"date":"2008-03-03T00:00:00","date_gmt":"2008-03-03T00:00:00","guid":{"rendered":""},"modified":"2008-03-03T08:43:12","modified_gmt":"2008-03-03T16:43:12","slug":"two-new-long-short-hedge-funds-to-be-launched","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2008\/two-new-long-short-hedge-funds-to-be-launched.html","title":{"rendered":"Two New Long\/Short Hedge Funds to be Launched"},"content":{"rendered":"<p>West Palm Beach (HedgeCo.Net) &#8211; Pacific Ocean Capital of Singapore has just announced the launch of their new fund, Asia Telecom.&nbsp; <\/p>\n<p>CIO Tom Fuller will take the reigns of the multi-asset fund and will focus on long\/short strategies with a concentration on equity. &nbsp;<\/p>\n<p>Prior to heading the new fund, Fuller was the Asian head of telecom-portfolio management at Citi.&nbsp; He is joined by COO Tom Husted, who also spent time at Citi&rsquo;s Asian sector. &nbsp;<\/p>\n<p>The Fund will charge a standard 2% and 20% management fee and performance fee respectively. &nbsp;<\/p>\n<p>The Asia Telecom Fund is starting with $10.5 million in assets under management, and has a capacity of several hundred million dollars.&nbsp;&nbsp; &nbsp;<\/p>\n<p>Meanwhile, in New York, Vertus Capital Partners has launched the Vertus Sustineo Fund, which will use long\/short strategies, and focus on alternative energy and natural resources.&nbsp; <\/p>\n<p>The fund is being launched with approximately $25 million in assets. &nbsp;<\/p>\n<p>Joseph Di Virgilio, formerly of Juno Mother Earth Asset Management, will head the fund, alongside Craig and Dermot Coughlan. <\/p>\n<p>Andrew McKillop, also formerly of Juno, will serve as director of research and natural resources strategist. &nbsp;<\/p>\n<p>Vertus Capital is a global asset management company dedicated to alternative energy and natural resources investing.&nbsp; The Vertus Sustineo Fund expects to have over $100 million invested by the end of this year.<\/p>\n<p>Julie Scuderi<br \/>Senior Editor for HedgeCo.Net<br \/>Email: julie@hedgeco.net]<\/p>\n<p>HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership on <a target=\"_self\" href=\"http:\/\/www.hedgeco.net\/news\/02\/news\/02\/news\/02\/news\/02\/news\/02\/news\/01\/\">www.hedgeco.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!<br \/>Be sure to check out our sister sites. <a target=\"_self\" href=\"http:\/\/www.hedgefundlounge.com\/\">www.hedgefundlounge.com<\/a>, <a target=\"_self\" href=\"http:\/\/www.hedgefundtools.com\/\">www.hedgefundtools.com<\/a>, and <a target=\"_self\" href=\"http:\/\/www.hedgefundemployment.com\/\">www.hedgefundemployment.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>West Palm Beach (HedgeCo.Net) &#8211; Pacific Ocean Capital of Singapore has just announced the launch of their new fund, Asia Telecom.&nbsp; CIO Tom Fuller will take the reigns of the multi-asset fund and will focus on long\/short strategies with a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-7233","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-launches"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7233","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7233"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7233\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}