|Tim Attias and Catherine Cripps plan to launch Sata Partners, a new hedge fund. Financial News reports that Attias was formerly the co-chief investment officer of the top-performing Rubicon Global Fund, while Cripps was the head of research at GAM.|
Sata Partners is expected to launch in 2012 and will employ a global macro investment.
Under Attias’ watch, the Rubicon Global hedge fund delivered returns of 44% in 2008, 15% in 2009 and 14% in 2010, on assets of $1.65 billion. Paul Brewer, one of Rubicon’s founding partners, plans to return to the firm as chief investment officer.