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Table 3.2 Sampling of Hedge Fund Spin-Offs from Mutual Fund Firms and Investment Banks

Manager Name

Company Spun Off From

Company Formed

When

Mutual Funds

Adams, Patrick

Berger Funds

Choice Capital Mgt.

2000

Boyd, Chris*

Growth Investors Fund at America Century

Leawood Capital Mgt.

1997

Brennan, John

MFS Investment Mgt.

Sirius Capital Mgt.

1999

Ellison, David

Fidelity

Friedman Billings, Ramsey

1996

English, Mary

Fidelity

Third Millennium Ventures

1997

Feinberg, Jeff

Fidelity

JLF Investments

 N/A

Felipe, Chris

MFS Investment Mgt.

Sirius Capital Mgt.

1999

Felske, Derek*

Twentieth Century

Leawood Capital Mgt.

1997

Gordon, Michael

Fidelity

Vinik Asset Mgt.

1996

Grech, Matthew

Fidelity

Thomas Weisel

2000

Kaplan, Andrew

Fidelity

Pequot Capital

2000

Marcus, David

Franklin

Marcstone Capital Group

2000

O'Neill, Tom

FleetBoston

Navigator

2000

Posner, Brian

Warburg Pincus

Hygrove Partners

2000

Richardson, Kevin

Fidelity

Tudor Investment Corp.

1997

Sullivan, Erin

Fidelity

Spheric Capital

2000

Vinik, Jeffrey

Fidelity

Vinik Asset Mgt.

1996

 

 

 

 

Investment Banks

Albertson, Robert

Goldman Sachs

Pilot Financial

1999

Ashford-Russell, Brian

Henderson Investors

yet to be named

2000

Asness, Cliff

Goldman Sachs

AQR Capital Mgt.

1998

Ault, Milton

Prudential Securities

Ault, Glazer & Co.

1998

Bakovljev, Steven

INVESCO

Rialto Capital Mgt.

1995

Balboa, Michael

Salomon Brothers

VZB Partners

1995

Balfour, Alex

ING Barings

Furinkazan Fund

1998

Bernard, Peter

J. P. Morgan

IFM

1994

Boszhardt, Andrew

Goldman Sachs

Oscar Capital Mgt.

1996

Burke, Philippe

Morgan Stanley

Apache Capital Mgt.

 N/A

Chain, Paul

Lehman Brothers

Lone Wolf Asset Mgt.

1997

Cheng, Jack

J&W Seligman

yet to be named

2000

Cohen, Steven

Gruntal

SAC Capital Mgt.

1992

Coons, Richard

Morgan Stanley

Skanda Fund

1998

Cooperman, Leon

Goldman Sachs

Omega Advisors

1992

Cotton, Robert

Credit Suisse First Boston

Soss & Cotton

1994

Covo, Mario

Merrill Lynch

Columbus Advisors

1995

Czitron, Thomas

Royal Bank Investment Mgt.

Blackberry Capital Mgt.

2000

Daniel, Joe

Dresdner Bank

Critical Infrastructure Fund

1998

English, Chris

Merrill Lynch

IFM

1994

Flynn, Clare

Deutsche Asset Mgt.

yet to be named

2000

Fraker, Paul

Brown Brothers Harriman

yet to be named

2000

Frommer, Jeremy

Bankers Trust

Guard Hill Capital

1995

*No longer trading.

(Continued)

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