Hedge Funds

Jacobs' Presidio aims for emerging growth stocks


Jay Jacobs, formerly a founding partner for Thomas Weisel Partners, has opened up Crossover Venture Partners and is readying a fund for an October launch. Jacobs is planning to roll out a long/short equity hedge fund focused on emerging growth companies.

Jay Jacobs : Crossover Venture Partners

Presidio Fund will focus on technology and technology enabled companies that have been public for less than five years. The fund maintains minimal market exposure contingent on a number of parameters such as beta, liquidity, sector, and market capitalization. Core positions will vary from 20 to 50 longs and 15