Blackstone Group ramps up hiring for big launch of the Blackstone Senfina Advisors hedge fund

September 3rd, 2014
| More
Following more than 5 years of planning, global financial behemoth Blackstone Group is set to launch its newest venture, Blackstone Senfina Advisors. According to the Wall Street Journal, Blackstone Group is marshaling its massive resources to recruit top tier trading talent who will be organized into separate management teams, each staked with at least $100 million that can be leveraged up to four times.

Senfina Advisors’ trading teams will be headed up by former top traders, including Ziff Brothers Investments veteran David Briggs and Serengeti Asset Management veteran Billal Sikander, among others.

Each team at the emerging manager will be given wide latitude to pursue their own investment ideas within the multi-strategy hedge fund, focusing their efforts on finding opportunities for big and concentrated investment bets. The trading teams, which are expected generate long-term returns in excess of four percentage points above market returns, will be compensated with a flat fee plus performance bonuses.
For Detailed Investor Profiles on these Investors, click below:
S2 Capital Management
Related People: Seth Buchalter; Steven Fortuna
Related Entities: S2 Capital LLC; Stratix Asset Management*; S2 Capital Fund
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Jobs, Hirings and Firings; Hedge Fund Launches and Hedge Fund Closings

More Recent Headlines

California Hedge Funds continue to thrive, Assets surge by 13.5 percent

SAC’s Point72 Asset Management loses Thomas Conheeney; Gabriel Plotkin to launch Melvin Capital

“Best Ideas” hedge fund launched by Soroban Capital Partners

What a Difference a Year Makes, Many Hedge Fund Stars are falling in 2014

Apple regains credence with top Hedge Funds: Discovery Capital, Coatue Management, Greenlight & Icahn

AIFMD Depositary: Developing an Operating Model

Healthcare & Biotech Hedge Funds see asset surge 12%; Glenview Capital, OrbiMed & Visium lead gainers

Regulatory reporting - key considerations for fund managers and service providers

A Very Special Shareholder Meeting at Allergan

Top Hedge Funds surge past $900 billion Mark for first time, powered by Millennium, DE Shaw, Icahn and Gotham