Jeffrey Gendell's $4 billion Tontine Capital Management
inaugurated its planned low-volatility fund in September with
an undisclosed amount of capital.
Tontine 25 was first opened to the firm's existing
investors, who have the option to invest fresh money as well as
to reallocate capital from the firm's other funds: flagship
Tontine Overseas, small-cap fund Tontine Capital...