Former Wall Street Associates PM Carl Wiese started GROW Partners with $50 million.
|Carl Wiese (Photo: ThinkEquity)|
Carl Wiese, a former portfolio manager at $1.2 billion investment advisor Wall Street Associates, launched GROW Partners April 3 in San Diego, California.
The GROW Small Cap Equity Long/Short fund has raised $50 million from two partners: Oakmont Corporation, the multifamily office managed by billionaire Trust Company of the West founder Robert Addison Day, and ROTH Capital Partners, an investment bank specializing in small companies. Both Oakmont and ROTH will be general partners in the fund and will share in GROW’s fee revenue. Several friends and family members of Wiese,