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Pallotta to invest $10 million in new fund

Market Watch – James Pallotta, who shut down his Raptor Global funds this year, plans to back a new hedge fund that’s scheduled to launch in early 2010.

Boston-based Northern Pines Capital will be run by Patrick Dunn and Dan Schiff, former traders at Raptor and Tudor Investment Corp. who reported directly to Pallotta.

Pallotta intends to invest $10 million in the new fund as a limited partner. The launch is expected in the first quarter of 2010, according to a marketing document obtained by MarketWatch.

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One Response to Pallotta to invest $10 million in new fund

  1. falanhentges says:

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