A new hedge fund firm, Diablo Vista Capital Partners, has been launched by Lance Swanson and Lee Molendyk, Pensions & Investments reports. Swanson will be the managing partner, while Molendyk will be the portfolio manager of the new firm, based in California.
The managers previously oversaw the small-cap growth, small/midcap growth, all-cap growth and concentrated growth portfolio team of Insight Capital Research & Management. The new firm will use bottom-up in-depth fundamental analysis to select equities for long and short investments in all economic sectors.
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