Joseph Kusnan, a former senior VP at Highbridge Capital, recently left to form his own hedge fund firm, JCK Partners. The New York-based firm will begin trading its new multi-strategy and event-driven discipline on July 1. Kusnan has already taken in an undisclosed amount of capital and will not be taking additional money on the first day of trading. However, he is expected to reopen the fund to new investors over the next year.
JCK is yet another new hedge fund firm to recently emerge with a multi-strategy-focused discipline. Recent multi-strategy firms to come to market include Jemmco