Benton Retiring, Andor Closing Down

August 20th, 2008
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Andor Capital Management will close this fall and return money to its investors. Andor is a hedge fund spun-off from Pequot Capital Management in 2001. Co-founder David Benton told investors that the reason for the fund's close is his retirement from managing outside capital. According to sources familiar with Andor, the fund has lost money amidst the current market environment, but is not among the worst. Investors will start receiving money in October.
For Detailed Investor Profiles on these Investors, click below:
Pequot Capital Management*
Andor Capital Management
Related People: Art Samberg; Dan Benton; Dan Benton*
Related Entities: Andor Global Hedge Fund; Andor Technology; Andor Technology Perennial Fund; Dawson-Herman Capital Management*; Pangaea Capital Management; Pequot Capital Core Fund*; Pequot Capital Management*; Pequot Matawin Hedge Fund; Pequot Special Opportunities; Willow Creek Capital*
Related Article Tags: Hedge Fund Launches and Hedge Fund Closings

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