Hedge Funds

Nissenbaum aims big with macro


Andrew Nissenbaum, the 20-something portfolio manager whose resumé includes stints with the likes of Soros Fund Management, is readying his own global macro fund at Hypothesis Capital Management.

Nissenbaum says he has received $20 million in commitments. But he won't begin trading the fund until he hits the $100 million mark - a level he believes is necessary in order to reach the proper economies of scale required to make the fund work from an operational, as well as investment, standpoint. The fund manager is making no secret of the fact that he is targeting Japanese pension plans, an