Hedge Funds

SAC, Galleon alums plan Q1 tech launch

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Two alumni of now-defunct Stratix Asset Management - the $530 million technology and energy fund in New York - are looking to raise a few hundred million dollars for Spherix Capital, an equity long/short technology fund they plan to launch in the first quarter.

Choo-Beng "CB" Lee was previously a portfolio manager with Stratix, and prior to that an analyst at Sigma Capital and SAC Capital. He has also held engineering and marketing positions at technology companies, including Sun Microsystems and Advanced Micro Devices.

Ali Far was formerly a portfolio manager and analyst at the Galleon Group, where he ran