Launches & Closures Institutional Investors People Moves Retail Investors

TD Ameritrade chairman and Coastal Carolina football coach Joe Moglia funds SAC and Dreyfus vets


Kyle Cerminara and Lewis Johnson opened Fundamental Global Investors September 4.

   Joe Moglia (Photo: Bloomberg)
Fundamental Global Investors, a new long/short equity, fixed income and commodities hedge fund firm led by Kyle Cerminara and Lewis Johnson, started trading September 4 with $30 million under management.

Joe Moglia, chairman of TD Ameritrade and head football coach at Coastal Carolina University, is the firm's anchor investor with a “significant” undisclosed five-year capital commitment, according to Cerminara. Moglia is also a founder and partner of the new firm, although Cerminara and Johnson will control its investments and Moglia will have no formal role, operational or otherwise. 

Based in Charlotte,