New hedge funds update: June 2011

Tepper-backed Nokota plans for Q3 launch. SAC preps a quant fund.

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FIRM NAME

FUND NAME

STRATEGY

PORTFOLIO MANAGER

AUM ($M)

LAUNCH DATE

Sumit Capital

Sumit Capital

Equity

Soumyo Sarkar

$20

February

Boodell & Company Capital Management

Boodell Value Capital Partners

Global equity,

Asia-focus

Peter Boodell

N/A

March

The Avalon Real Estate Funds

Avalon Growth Fund

Equity, commerical real estate

Team

N/A

March

Amethyst Capital Management

Amethyst Capital Partners

Equity, long-biased

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