As billions flow in, Pine River launches two new funds
By Rob Copeland
Wed Feb 1, 2012
The Minnesota firm has rolled out new financial services and rates strategies.
Pine River Capital Management, the $5.5 billion firm
that was launched from a remote lake cabin in Minnesota,
has rolled out two new strategies as money continues to flow in
to its existing funds.
The Pine River Financial Services Fund and Pine River Liquid
Rates Fund began trading this month, each with more than $100
million in startup capital.
The first, a long/short equity fund, will deal primarily in
U.S. financial stocks, according to a person familiar with its
strategy. It has been trading internally for...
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