|Milwaukee-based Racon Capital Partners is set to launch after raising $35 million. According to the Business Journal, Racon Capital Partners will be managed by Michael Keough, among other former Stark Investments employees. Stark Investments, which lost more than $12 billion in assets between its peak in 2007 and 2012, scuttled all of its multi-strategy hedge funds last year. |
Michael Keough’s Racon Capital Partners which has raised its funds primarily through investment partners, family and friends is expected to open its hedge fund to outside investors in March with a minimum $1 million buy-in.
|Hedge Fund Lists|