Launches & Closures

Rothschild family backs Maverick veteran Gunnar Overstrom

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New York-based Three Corner will invest globally in stocks.

  
  Lord Rothschild, chairman of RIT Capital Partners (Photo: Bloomberg)
Gunnar Overstrom, a decade-long partner and head of financials investing at Maverick Capital, has secured an anchor investment from the Rothschild family and is in the final stages of preparing a new hedge fund firm.

The new long/short equity shop, Three Corner Global Investors, will be partially funded at launch by RIT Capital Partners, the London Stock Exchange-listed investment trust chaired by Lord Jacob Rothschild.

The exact amount committed was unclear, but