Launches & Closures Hedge Funds

Alloy Capital launches equity fund with backing of HHR founder

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Ed Hinze, founder of $1.4 billion HHR Asset Management, has seeded Alloy Capital, a global equity fund launched by former HHR analysts Dale Geurts and Katie Procter.

Dale Geurts and Katie 
Procter
Dale Geurts and Katie Procter

Dale Geurts and Katie Procter, two former analysts at $1.4 billion HHR Asset Management, have launched Alloy Capital, a global equity hedge fund in New York, with backing from HHR founder Ed Hintz, who retired in mid-2009.

Alloy’s flagship fund is set to launch in July with an undisclosed amount from Hintz, its founders and other wealthy investors, and will open to outside investors in November. Alloy is looking to hire a joint chief financial-chief operations officer to oversee back office functions