TIG Advisors launches two strategies with Credit Suisse, Iridian pros
April 24, 2012
Rob Copeland
The $1.1 billion firm, which has liquidated five funds over the past two years, also hires a senior marketer.
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| | Anne-Sophie van Royen
(Photo: LinkedIn)
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TIG Advisors, the $1.1 billion New York firm that incubates emerging managers, is launching two hedge funds headed by recent émigrés from Iridian Asset Management and Credit Suisse.
The long/short equity TIG Procella fund began trading internally last month with Ben Hunt as portfolio manager. It will officially launch June 1 with a strategy focused on U.S. and Western European stocks influenced by political themes, a person familiar with the fund said.
Hunt joined TIG in...
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