Perella Weinberg launches second hedge fund


Perella Weinberg Partners, the New York corporate advisory and asset management firm, is set to launch its second hedge fund in October, after starting an environment-related fund in June.

The Perella Weinberg Partners Aileron Fund will take long and short equity positions in the industrials, basic materials, consumer, utility and energy sectors.

Aileron will be managed by David Zusman, who joined Perella in March from hedge fund BrightStream Asset Management.

The firm also plans to launch a real estate fund, which will be run by Leon Bressler, who joined Perella Weinberg in October from French commercial property investment shop