Hedge Funds

DKR's new fund seeks out market anomalies


DKR Capital's next fund launch, a systematic equity market-neutral fund to be launched before year end, will use quantitative analysis to seek out mispricings in the market while taking into account the behavior of companies and investors.

The new fund, the first to be introduced this year by the $3.8 billion Stamford, Conn.-based DKR, will be included on the DKR Fusion platform, the firm's academically oriented division, which employs six Ph.D.s.

Pascal Magnollay, who heads Fusion, will manage the new fund in coordination with Owen Lamont, a former professor of finance at Yale School of Management. Lamont, after