Seasons Capital shutters tech funds

By Suzy Kenly Waite

Mon May 24, 2010



The San Francisco-based firm, which once managed $2.6 billion, is returning all capital to investors. Founder Ravi Kaza, a Duquesne Capital alum, will run the firm as a family office.


Seasons Capital Management, a San Francisco-based firm that invested primarily in technology, media and telecom stocks, is winding down its three hedge funds following declining assets and in response to a more challenging environment for stock pickers.


As of April 2010, the firm managed approximately $700 million, according to a filing with the Securities and Exchange Commission, down from a peak of $2.6 billion in December 2007....

ISSN: 2151-1845 / CDC10004H

TAKE A FREE TRIAL

The full contents of this article are available to Absolute Return subscribers and trialists only.

To continue reading please, take a free trial, subscribe or log in.


Subscribe

Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Subscribe now