Patrick Boyle Gets Stanley Fink’s backing to Launch Palomar Capital LLP

August 3rd, 2012
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Patrick Boyle, a successful quant trader formerly of Nomura Holdings and Millennium Management LLC, has enlisted the backing of Stanley Fink of International Standard Asset Management Ltd. to start his own London-based hedge fund. As reported by Bloomberg News, Patrick Boyle’s new hedge fund, Palomar Capital LLP, will be launched in August with $50 million of seeding, helped by an initial investment by Stanley Fink.

Patrick Boyle has an established record of applying computer algorithms in managing his hedge funds to gains each year since 2001, including 2008 when hedge funds lost an average 19 percent. Palomar Capital LLP will employ the same directional trading strategy to bet on changes in market direction which can generate profits whether the markets rise or fall.
For Detailed Investor Profiles on these Investors, click below:
International Standard Asset Mgmt
Millennium Management
Related People: David Nolan; Israel Izzy Englander; Jonathan Larkin*;; Larry Hite; Michael Gelband; Stanley Fink
Related Entities: Hite Capital Management; ISAM Gold; ISAM Multi-Strategy; ISAM Trend; ISAM Systematic; Millennium International Fund; Millennium Management LLC; Millennium Partners; Millennium Partners LP; Millennium U.S.A.
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Spotlight Reports; Hedge Fund Launches and Hedge Fund Closings

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