(Bloomberg)Douglas Greenig, the former chief risk officer at Man Group Plc’s AHL unit, said he raised about $500 million from Brummer & Partners this month, more than doubling the assets managed by the hedge fund he started last year. The allocation boosts Greenig’s Florin Court Capital’s assets to about $900 million, making it one of the largest hedge-fund startups in the past year. London-based Florin’s macro fund, which uses mathematical models to bet across asset classes, gained 5.7 percent in the first two months of the year, Greenig said in an interview. The HFRI Macro (Total) Index increased by 2.6 percent during the period.
Brummer’s Backing Boosts Greenig Hedge Fund to $900 Million
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