Hedge Funds

New Helios firm opens value-driven vehicle


The Helios Group has formed a new management company and rolled out a value-driven equity hedge fund. Helios Partners Fund will be managed by firm co-founders and cousins Robert and Seth Setrakian.

Helios Partners will aim to capitalize on value-driven situations with the presence or expectation of a catalyst that will move the prices of securities closer to their intrinsic values.

Seth, formerly with Seneca Capital, is a partner at First New York Securities where he manages a proprietary account. Robert founded Helios Group in 1994 and has been managing around $50 million in a private portfolio. His