Hedge Funds

Dunn back with new quant fund


Douglas Dunn, an equity specialist previously with Morgan Stanley subsidiary Graystone Wealth Management, recently began trading a hedge fund through a new firm, CapitalWorks QED. Dunn has already been managing a similarly focused hedge fund in partnership with Aspen Partners, but recently closed that $150 million fund to new investors.

He has now teamed up with Glenn Bossow, formerly a vice president at Shaker Investments, and launched QED Select Partners with $26 million last month. Dunn's other fund, QED Partners, has netted an annualized return of 14.7%.