Up big, Joshua Kaufman and Craig Nerenberg's firm stops fundraising.
Brenner West Capital Advisors, the long/short equity hedge fund firm led by Joshua Kaufman and Craig Nerenberg, is closing to new capital at about $850 million.
New York-based Brenner West has performed well since MSD Capital veterans Kaufman and Nerenberg launched in August 2005 with $5 million. The flagship Brenner West Capital Offshore Fund is up 139.41% since inception, compared with a 35.79% gain for the S&P 500 Index, according to a November 8 letter to investors. That translates to a net annualized return of about 25%. The fund is up 15.45% this year through the end of the