Launches & Closures Hedge Funds

PioneerPath manager Clint Murray readies Lodge Hill


The long/short manager is the latest to leave Citadel’s incubation platform in recent months.

Another PioneerPath manager is ready to go off on his own, this time Clint Murray, an alumnus of shuttered Alson Capital Partners, who plans to launch Lodge Hill Capital next year, according to people familiar with his plans.

Lodge Hill will employ a long/short strategy primarily focused on U.S. equities. Murray had managed a $700 million PioneerPath portfolio invested primarily in the stocks of industrial companies from May 2009 through August 2011 when the firm began winding it down after he’d announced his decision to leave. He will be taking three analysts—Eric Denatale, Rachel Obenshain and Lake Wang—with him. The