AlphaTran Capital, former TCI man Damien Tran's London-based
long/short equity firm, is shutting up shop and returning
assets to investors.
The move is the direct result of seed investor Thames River
Capital's decision to redeem its investment from the global
long/short AlphaTran Fund, the firm's sole offering.
The fund holds around $50 million, with Thames River's
investment accounting for roughly 90% of the total. Thames
River gave notice of its intention to redeem last year.