Hedge Funds

Hunter set to launch Coronat Capital fund


Constance Hunter, a former Firebird analyst and high-net-worth separate account portfolio manager at Salomon Smith Barney, has set up her own hedge fund firm and is planning the launch of a global long/short equity fund. New York-based Coronat Capital Management will debut its first fund around year-end.

The fund will invest in global equities within the non-U.S. markets, allocating most of its assets to companies with market capitalizations greater than $100 million and with weekly turnover of at least $20 million, measured as an average over the previous three months.

The portfolio will average an exposure of 20% net