Hedge Funds

Holtzman's Vantis shuts doors


Vantis Capital Management, the Pasadena, Calif. hedge fund launched in 2002 by former Cypress Funds executive Steven Holtzman and owned in part by Home Depot co-founder Ken Langone and his son, closed its doors at yearend 2006.

The firm, which managed a global opportunistic strategy, was launched in October 2002 and had quickly increased an early asset base of $400 million to $950 million a year later, reaching $1.4 billion on January 1, 2005, according to earlier reporting by Absolute Return and other news sources. A receptionist at the firm confirmed its closure, but further calls to the