Hedge Funds

Equity analysts team up for new fund


A trio of equity analysts are setting up a long/short hedge fund with a target launch date of July. Glacier Bay Capital will be based in San Diego, where the founders are opening up an office at the end of March.

The three principals - Adam Leitzes, Joshua Solan and Matthew Turk - were until recently analysts at three separate top-shelf long/short equity shops in New York. Leitzes was most recently at O.S.S. Capital Management, Solan comes from Glenhill Capital and Turk hails from Brahman Capital.

The fund will focus primarily on small-cap stocks with an emphasis on the