Hedge Funds

Tudor veteran begins trading with $350m


Tudor Investment alumnus Mark Heffernan easily raised the $350 million he was seeking for the October launch of his Satoha Fund. The capital came from a small group of roughly 25 investors, as Hefferan wanted to limit the size of his client list. Bedford, New York-based Satoha will take in an additional $150 million of capital from new and existing investors through the end of the year, after which it is expected to close to further investments. Staffers include two other Tudor veterans: Andy "Wacker" Wall and John Helmers. At Tudor, Heffernan built the firm's London office and