Metropolitan opens best-ideas fund

Fri Jun 29, 2007

Metropolitan Capital, an event-driven firm founded by Karen Finerman and Jeffrey Schwarz, is opening its high-performing best-ideas fund to outside capital.

Metropolitan Capital Advisors Select Fund is a concentrated portfolio containing the best ideas of the firm's flagship Metropolitan Capital Advisors fund, an equity-focused portfolio that follows an event-driven, special-situations strategy. Metropolitan created the best-ideas fund in response to demand from investors looking for a vehicle that would target higher returns, Finerman says.

Karen Finerman

Ideally, the new...


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