TIG Advisors launches two strategies with Credit Suisse, Iridian pros

By Rob Copeland

Tue Apr 24, 2012



The $1.1 billion firm, which has liquidated five funds over the past two years, also hires a senior marketer.


   
  Anne-Sophie van Royen
(Photo: LinkedIn)
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...

ISSN: 2151-1845 / CDC10004H

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