Fund launches & closures Hedge Funds

Seasons Capital pros prep equity fund

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Two former portfolio managers at Ravi Kaza’s Seasons Capital Management have formed their own hedge fund.

A group of hedge fund executives who previously worked together at Seasons Capital Management have joined forces and are planning to roll out a new long/short equity strategy in the first quarter of next year. Seasons returned outside investor capital earlier this year.

Ashish Shah and Joshua Wyss, two former portfolio managers at Ravi Kaza’s Seasons, have formed First Oak Capital Management. The San Francisco-based firm will employ a strategy similar to Seasons' flagship equity fund, focusing on technology, media and telecommunications, as well as energy infrastructure and consumer-related industries.

During their time at Seasons, Shah and Wyss generated