Launches & Closures People Moves

Protégé launches best ideas vehicle, beefs up team

by

Jeff Tarrant Ted Seides
Protégé Partners, the New York-based emerging-manager specialist group with $2.8 billion in assets, has launched Protégé Tactical, a concentrated, best ideas fund that has approximately $200 million in initial commitments and verbal commitments.

Separately, Ted Seides, co-founder of Protégé Partners, has assumed the titles of president and co-chief investment officer. Seides will continue to work in concert with Jeff Tarrant, in the management of the investment portfolios and business decisions.

Tarrant, who founded Protégé in 2002, will continue to lead the firm in his role as chief executive