Socially Responsible Hedge Fund to Donate Part of Profits to Charity

WEST PALM BEACH, FL (HEDGECO.NET) – StarFish hedge fund, managed by King StarFish Capital Mgt. LLC, is a socially responsible hedge fund, and is owned by minority and women interest according to thepress release from the asset management firm. The fund according to the statement is the only hedge fund in the United States which donates a specific portion of its profits to charitableorganizations.

The new fund would utilize long/short investment philosophy for its trading decisions, and would open for trading in the 2nd quarter of 2004, according to the released statements. Minimum investment for the new StarFish hedge fund is $1 million dollars; the fund hopes to �appeal to socially responsible and ethical investors� according to the statement.

The new fund would be managed by two veteran managers, Paul N. Soo, and Zo� Van Schyndel. Mr. Soo is the portfolio manager and Chief Investment Officer for the new StarFish fund. Mr. Soo has 16 years of investment management experience, specializing in mid/large cap securities, and was responsible for overseeing a $700 million asset management portfolio at Sun Investments.

Zo� Van Schyndel is responsible for marketing and sales; she is also the risk management officer for the new fund. Ms. Zo� has 16 years of management experience as well, working in fund regulatory and compliance protocol. She is an adjunct professor at Boston Northeastern University, and a former managing director at State Street Global Advisors according to the press release. Fee structure for the new hedge fund was not immediately provided.

Further information can be obtained from: [email protected]

Paul Oranika
Editor-in-Chief
HedgeCo.Net
Email: [email protected]

HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership on www.hedgeco.net is FREE and EASY!

About the HedgeCo News Team

The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis. Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.
This entry was posted in HedgeCo News. Bookmark the permalink.

Comments are closed.