Eagle River Asset Management has launched a new hedge fund with $100 million from institutional investors, HFMWeek reports. The U.S. venture capital firm had rolled out the portfolio in April 2011.
The fund has a $1 billion capacity. Eagle River Asset Management was founded by Michael Pascutti, Ben Esty and Jim McNeil, who all worked together at Sandelman Partners.
Click here for the story from HFMWeek.