Telecom Hedge Fund Launch: Espial Capital Management

New York (HedgeCo.Net) Adam Gold, a former portfolio manager at Gilder Gagnon Howe & Co (GGHC), has launched Espial Capital Management, a Long/Shorty Equity Hedge Fund focused on identifying innovation and disruption in the global technology, media and telecommunication universe.

The strategy recognizes powerful tailwinds and headwinds that capitalize on tectonic shifts in consumption, distribution, retailing, and computing, across dozens of electronics, services, and digital and physical product categories. The new hedge fund was launched on on March 15 of this year.

Gold is Espial’s Portfolio Manager. While at GGHC, he managed a portfolio of separately managed accounts. Prior to that, he was a research analyst at Coatue Management, which he joined in December 2007, and at EnTrust Capital, where, from 2005 onwards, Adam covered EnTrust’s technology, media and telecommunication investments.

Joining Gold is Alex Schecter, Espial’s COO. Prior to Espial, he was COO at Roaring Brook Capital where he was responsible for the fund’s core operational infrastructure and processes. Prior to Roaring Brook, he worked for ten years at Merrill Lynch’s equity research department.

Editing by Alex Akesson
for HedgeCo.net
alex@hedgeco.net
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