Hedge Funds

Saffron debuts with U.S. equity fund


London-based portfolio manager Clint Dove is launching a U.S. equity hedge fund next month in conjunction with Schneider Capital Management, a hedge fund service provider founded last year.

Dove most recently worked at F&C as a member of its U.S. equities team and has also worked as the manager of a multi-million dollar portfolio at the Abu Dhabi Investment Authority for eight years. According to Saffron, Dove launched the firm following the success of his closed end U.S. long/short equity fund, which Schneider says posted a return of over 50%, with volatility around 16, in 2003, according to