Reservoir seeds new special situations shop

Fri Mar 10, 2006

Dan Stern's Reservoir Capital Group has committed $100 million to a new hedge fund firm in New York founded by Richard Hurowitz and Gregory Racz.

The new firm, Octavian Advisors, will employ a global special situations strategy, investing primarily outside the U.S. in event-driven, risk arbitrage and distressed opportunities, as...

ISSN: 2151-1845 / CDC10004H

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