New York Sun – David Berkowitz, whose Gotham Partners LP closed three years ago after investor withdrawals and a government probe, raised about $155 million for a hedge fund to invest in stocks.
Mr. Berkowitz and Joel Press, former head of global hedge funds at accounting firm Ernst & Young LLP, received $100 million from Reservoir Capital Group, a company that finances hedge-fund and private-equity firms, for their New Yorkbased Festina Lente Partners LP.
