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Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at editor@evestment.com

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Former FrontPoint Exec Launches HF

Mar 13, 2013
Jing Chen

A former senior executive at the now-defunct hedge fund FrontPoint Partners is preparing to launch his own hedge fund firm.

Bloomberg reported that Thomas Monaco’s Nighthawk Capital will focus on trading Asian financial stocks. Monaco is currently fundraising for the fund.

The article said that Nighthawk would be “one of the few hedge funds focused on a single Asian industry outside of telecommunications, [which] a sign that the market for financial stocks in the region has become deep enough for hedge funds to ply.”

No other additional information was disclosed about the fund.

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