Financial Times – The glory days of the hedge fund launch may not be entirely over.
Raffaele Costa, a flamboyant former GLG partner and self-styled “Captain Magic”, will this week unveil the first fund at his new firm Tyndaris, in what will be one of the boldest start-ups since 2008.
Tyndaris is to begin marketing a commercial real estate fund run by Deutsche Bank’s former head of European CRE, Heath Forusz and former bankers from JPMorgan and Citigroup.
The firm is also to launch a Middle East-focused infrastructure fund later this year and may also set up a European hedge fund as well.
