Industry News

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

News Archive

Read More Industry News >

NY Hedge Fund Reduces Fees

Mar 27, 2013
Jing Chen

Long/short value specialist Sycamore Lane Partners has lowered its management and performance fees in an effort to attract investors.

Hedge Fund Alert reported that the New York-based hedge fund, which launched last year with $20 million seed capital from Maverick Capital, is offering a new share class that would charge investors 1.25% and 12.5% in management and performance fees, respectively. Sycamore’s original share class charged investors a 1.5% management fee and 20% performance fee.

Most firms typically charge a 2% management fee and a 20% performance fee

The article said that Sycamore is offering the reduced fees for a few months to boost its total assets under management to more than $50 million.

Sycamore Lane managed about $22.7 million in assets at the end of February.

Read More Industry News >

Want to subscribe?

Join 15,000+ of your colleagues to receive daily hedge fund news from the definitive source in traditional and hedge fund data.

Subscribe Now

Hedge Fund Journal Reviews eVestment's Hedge Fund Database

July, 2012

Read More