Falcon Edge hits $1.2 billion, rounds out team with former 360 Global, Iridian veterans
By Rob Copeland
Fri Jul 13, 2012
Rick Gerson’s new fund is the second-largest launch of the year.
Falcon Edge Capital, the long-gestating hedge fund from
former Blue Ridge Capital Management partner Rick Gerson, began
trading this month with a team rounded out by veterans of 360
Global Capital, which liquidated in October, and Iridian Asset
Management, which closed its largest hedge fund in January,
according to people familiar with the fund.
Enrique "Rick" Abeyta is on board as a consultant in an
investment role, his first gig since his 360 Global hedge fund
liquidated. His Falcon Edge position could become permanent,
according to a person familiar with the firm's plans. Before
360, Abeyta co-founded Stadia Capital in November 2000....
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