Lamond Capital Partners launches with $150 million Meritage seed
By Lawrence Delevingne
Mon Apr 2, 2012
David Lamond’s long/short tech fund launched April 2 with backing from James Simons and other Renaissance execs.
Long/short technology hedge fund Lamond Capital Partners began
trading April 2 with at least $175 million entirely from
institutional investors, including $150 million in seed money
from Meritage Group.
(Photo: Catherine Bigelow/sfgate.com)
This is only the second hedge fund seeding deal for
Meritage, the $8 billion multifamily office that mostly manages
money for James Simons and other senior executives of
Renaissance Technologies. In 2008, Meritage invested up to $300
million in Hutchin Hill Capital, the firm founded in late 2007
ISSN: 2151-1845 / CDC10004H
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