Tags: Diamondback Capital Management, he's looking at you Ed Butowsky, keep it in the family, Richard Schimel, sits at the unindicted table at family dinners, Sterling Ridge Capital Management, Steve Cohen's extended family
You can just forward them straight to Sterling Ridge Capital Management, New York, N.Y.
Richard Schimel will launch a new hedge fund later this year, less than 12 months after closing Diamondback Capital in the wake of the U.S. government’s insider-trading investigation.
“The investment model at Sterling Ridge will focus on a single integrated portfolio that I will manage, similar to what I did in the main portfolio at Diamondback,” Schimel wrote in a letter to potential investors on Tuesday. He wrote that he is excited about the launch in the fourth quarter.
Co-founder of defunct hedge fund Diamondback launches new firm [Reuters]
Earlier: Guy Who Married Steve Cohen’s Sister And Once Worked For Him Almost Ready To Manage Your Money Again