Ridgeback preps fund with five-year investment horizon

By Suzy Kenly Waite

Thu May 19, 2011

Read more:



Started by an alumnus of SAC affiliate Sigma Capital, the firm is also opening its flagship fund for the first time since its 2006 launch.


Ridgeback Capital Management, the $520 million healthcare shop set up by former SAC Capital Advisors trader Wayne Holman, is in the process of launching a new fund that will hold stocks for up to five years. The Ridgeback HORIZON Fund will focus on mid-to-large cap stocks and seek to benefit from dividend income and long-term capital gains.

The fund will charge fees of 1.5% of assets...

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