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It’s been a good 2020 for John Thaler, who decided to stage a comeback in January after shutting down JAT Capital in 2015.
After delivering eye-popping returns so far this year, Thaler’s new firm, Hampton Road Capital Management, is forming a strategic relationship with Leucadia Asset Management, the asset management division of Jefferies Financial Group. Leucadia will invest capital in Hampton Road’s long-short equity strategy, which is focused on technology, media, telecommunications, and consumer sectors globally.
According to an investor letter distributed early Friday and obtained by
Institutional Investor, Hampton Road is up 39.4 percent net year-to-date through December 10. The fund has garnered $250 million in assets under management so far, according to sources.
Hedge Fund and Insider Trading News: John Thaler, Michael Hintze, Daniel Kamensky, Mudrick Capital Management, Elliott Management, Ardelyx Inc (ARDX), Artis Real Estate Investment Trust (ARESF), and More
Nick Pappas, one of the most senior portfolio managers at Michael Hintze’s
CQS, has left the firm to set up his own distressed debt investing fund, according to people with knowledge of the matter. Pappas is planning to partner with Ivelina Green, CQS’s former head of special situations investing, for his new venture, the people said, who asked not to be identified as the matter is private.
Hedge-fund manager
Mudrick Capital Management LP threw a $100 million lifeline to AMC Entertainment Holdings Inc., which warned it still needs a substantial amount of additional liquidity to avert a bankruptcy filing. The world’s largest movie theater chain, which has over a thousand locations world-wide, said Friday that Mudrick committed to supply $100 million in debt financing and w
Leucadia Asset Management Announces Strategic Relationship with Hampton Road Capital Management
Leucadia Asset Management, the asset management division of Jefferies Financial Group Inc. (NYSE: JEF), today announced a strategic relationship with Hampton Road Capital Management LP ( Hampton Road ), a fundamental long/short equity firm focused on investing in the technology, media, telecom ( TMT ) and consumer sectors globally. In connection with the transaction, Leucadia Asset Management will invest long-term capital into Hampton Road s long/short equity strategy.
Based in Greenwich, CT, Hampton Road, led by Founder and Portfolio Manager John Thaler, began trading its strategy in January 2020. Thaler is a veteran, global TMT investor with more than 20 years of experience investing both publicly and privately. He previously was the Founder and Portfolio Manager at JAT Capital, a $3 billion TMT-focused hedge fund Thaler founded in 2007. Prior to JAT, he was a Portfolio Manager at $8