Page 51
Table 3.2 Sampling of Hedge Fund Spin-Offs from Mutual Fund Firms and Investment Banks |
Manager Name |
Company Spun Off From |
Company Formed |
When |
Mutual Funds |
Adams, Patrick |
Berger Funds |
Choice Capital Mgt. |
2000 |
Boyd, Chris* |
Growth Investors Fund at America Century |
Leawood Capital Mgt. |
1997 |
Brennan, John |
MFS Investment Mgt. |
Sirius Capital Mgt. |
1999 |
Ellison, David |
Fidelity |
Friedman Billings, Ramsey |
1996 |
English, Mary |
Fidelity |
Third Millennium Ventures |
1997 |
Feinberg, Jeff |
Fidelity |
JLF Investments |
N/A |
Felipe, Chris |
MFS Investment Mgt. |
Sirius Capital Mgt. |
1999 |
Felske, Derek* |
Twentieth Century |
Leawood Capital Mgt. |
1997 |
Gordon, Michael |
Fidelity |
Vinik Asset Mgt. |
1996 |
Grech, Matthew |
Fidelity |
Thomas Weisel |
2000 |
Kaplan, Andrew |
Fidelity |
Pequot Capital |
2000 |
Marcus, David |
Franklin |
Marcstone Capital Group |
2000 |
O'Neill, Tom |
FleetBoston |
Navigator |
2000 |
Posner, Brian |
Warburg Pincus |
Hygrove Partners |
2000 |
Richardson, Kevin |
Fidelity |
Tudor Investment Corp. |
1997 |
Sullivan, Erin |
Fidelity |
Spheric Capital |
2000 |
Vinik, Jeffrey |
Fidelity |
Vinik Asset Mgt. |
1996 |
|
|
|
|
Investment Banks |
Albertson, Robert |
Goldman Sachs |
Pilot Financial |
1999 |
Ashford-Russell, Brian |
Henderson Investors |
yet to be named |
2000 |
Asness, Cliff |
Goldman Sachs |
AQR Capital Mgt. |
1998 |
Ault, Milton |
Prudential Securities |
Ault, Glazer & Co. |
1998 |
Bakovljev, Steven |
INVESCO |
Rialto Capital Mgt. |
1995 |
Balboa, Michael |
Salomon Brothers |
VZB Partners |
1995 |
Balfour, Alex |
ING Barings |
Furinkazan Fund |
1998 |
Bernard, Peter |
J. P. Morgan |
IFM |
1994 |
Boszhardt, Andrew |
Goldman Sachs |
Oscar Capital Mgt. |
1996 |
Burke, Philippe |
Morgan Stanley |
Apache Capital Mgt. |
N/A |
Chain, Paul |
Lehman Brothers |
Lone Wolf Asset Mgt. |
1997 |
Cheng, Jack |
J&W Seligman |
yet to be named |
2000 |
Cohen, Steven |
Gruntal |
SAC Capital Mgt. |
1992 |
Coons, Richard |
Morgan Stanley |
Skanda Fund |
1998 |
Cooperman, Leon |
Goldman Sachs |
Omega Advisors |
1992 |
Cotton, Robert |
Credit Suisse First Boston |
Soss & Cotton |
1994 |
Covo, Mario |
Merrill Lynch |
Columbus Advisors |
1995 |
Czitron, Thomas |
Royal Bank Investment Mgt. |
Blackberry Capital Mgt. |
2000 |
Daniel, Joe |
Dresdner Bank |
Critical Infrastructure Fund |
1998 |
English, Chris |
Merrill Lynch |
IFM |
1994 |
Flynn, Clare |
Deutsche Asset Mgt. |
yet to be named |
2000 |
Fraker, Paul |
Brown Brothers Harriman |
yet to be named |
2000 |
Frommer, Jeremy |
Bankers Trust |
Guard Hill Capital |
1995 |
*No longer trading. |
(Continued) |
|