Showing posts with label raises. Show all posts
Showing posts with label raises. Show all posts

Saturday, December 17, 2011

NEW hedge fund raises $ 96 M

New York hedge fund firm Fir Tree partners has launched a new hedge fund.

The Fund, which is offered by Fir Tree affiliate Camellia Advisor, up 96 million dollar begins 1 dec, according with the Securities and Exchange Commission filing made public on Wednesday.

Also in archiving, will fund open to investors in less than a year. The money was raised from 10 investors who put in a minimum investment of $1,513,.

FIR Tree Partners was founded in 1994 by the Wall Street veteran Jeffrey Tannenbaum. The company has approximately $ 7 billion of assets under management and acting in various strategies including real estate.