Ex-Diamondback PM preps TMT fund

By Lawrence Delevingne

Fri Feb 22, 2013



Adam Wolfberg hopes to launch EastBay in April with longtime partner Steve Landry.


   
   Adam Wolfberg (Photo: Patrick McMullan via  Parkinson's Disease Foundation)
Adam Wolfberg, a former portfolio manager at now-closed Diamondback Capital Management, and his longtime partner Steve Landry are preparing to launch a long/short equity hedge fund that will invest in the stocks of technology, media, telecommunications and leisure companies.

Wolfberg will the portfolio manager of the new Manhattan-based shop, EastBay Asset Management, and Landry will be director or research.

EastBay hopes to launch April 1 with at least $100 million, according to a person familiar with its plans. The firm is in discussions with...

ISSN: 2151-1845 / CDC10004H

TAKE A FREE TRIAL

The full contents of this article are available to Absolute Return subscribers and trialists only.

To continue reading please, take a free trial, subscribe or log in.


Subscribe

Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Subscribe now