Ex-Maverick partner Steve Galbraith preps major launch

By Rob Copeland

Fri Sep 28, 2012

Former top deputy at Lee Ainslie’s $10 billion firm already meeting with investors.

Steve Galbraith, until recently the top investment strategist at Lee Ainslie’s $10 billion Maverick Capital, is quickly readying plans for a new hedge fund to begin trading in the first half of next year, according to people familiar with his plans.

People who have spoken to Galbraith said he has expressed an interest in bringing onboard a former partner from Maverick, whose identity could not immediately be determined, to be on his team for the launch. In a brief telephone conversation with Absolute Return, Galbraith said, "I will not recruit a Maverick partner." He declined further comment.

Likely to be based in Connecticut, the firm does not yet...

ISSN: 2151-1845 / CDC10004H

Free Trial

Take a trial today and access

  • Performance news, fund launches, regulation changes and people moves
  • Profiles of fund managers, investors and distributors
  • Live league tables
  • Investor mandates

Popular Searches on HFI