Hedge Fund Street

May 06, 2005

New Hedge Fund Launch

Brendan McCarthy will launch Nyes Ledge Capital, a hedge fund firm that will be located in Boston. McCarthy resigned from Cambridge Associates where he was the director of hedge fund research. Kevin Pirani, who worked with McCarthy at Cambridge in their research department, will join McCarthy in his new endeavor. Specializing in hedge fund consulting and research, Cambridge Associates states that it will not have any special relationship with McCarthy now but adds that Nyes Ledge Capital will be in its data base. According to Institutionalinvestor.com:

"We speeded up our consideration of combining the groups once he left"

Read more: Cambridge Associates Loses Hedge Fund Chief

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May 6, 2005 in Arbitrage | Permalink

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