{"id":2519,"date":"2004-05-04T00:00:00","date_gmt":"2004-05-04T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"former-salomon-smith-barney-analyst-launch-new-hedge-fund","status":"publish","type":"post","link":"https:\/\/staging.hedgeco.net\/news\/05\/2004\/former-salomon-smith-barney-analyst-launch-new-hedge-fund.html","title":{"rendered":"Former Salomon Smith Barney Analyst to launch new hedge fund"},"content":{"rendered":"<p>WEST PALM BEACH, FL (HEDGECO.NET) &#8211; A former hi-tech analyst at Salomon Smith Barney has announced plans to launch a new hedge fund. According to news reports, Victor Halpert, has raised about US $10million from individuals and institutional investors in Israel towards the establishment of the new fund. Halpert is also committing US $1 million of his own funds into the planned Halpert Capitalhedge fund.<\/p>\n<p>  The new fund would be investing in global equities, according to the report, but will have a focus on Israeli companies. For about 12 years, Halpert has been monitoring Israeli stocks for several  banks. About 20-25% of the assets of the new Halpert Capital will be dedicated to Israeli firms. Another 50% will be invested in US stocks, and the rest of the portfolio will be invested in  unspecified global equities.<\/p>\n<p>  The Halpert hedge fund uses a strategy to guarantee an annual yield of 15-25% regardless of market direction. The fund will be investing in about 20 firms with a market capitalization of between  US$ 50 million and US $5 billion, according to published reports.<\/p>\n<p>  While the fund charges US $150,000 for initial investment, such minimum will ultimately be increased to US $500,000. It is unclear when the minimum initial investment will be raised. The fee  structure for the new vehicle was not immediately provided.<\/p>\n<p>  Paul Oranika<br \/>  Editor-in-Chief<br \/>  HedgeCo.Net<br \/>  Email: Editor@hedgeco.net<\/p>\n<p>  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. We also offer FREE LISTINGS for Hedge Funds!<\/p>\n<p>  <strong>Be sure to check out our sister sites. www.hedgefundlounge.com, www.hedgefundtools.com,<\/strong> and coming soon <strong>www.hedgefundemployment.com.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WEST PALM BEACH, FL (HEDGECO.NET) &#8211; A former hi-tech analyst at Salomon Smith Barney has announced plans to launch a new hedge fund. According to news reports, Victor Halpert, has raised about US $10million from individuals and institutional investors in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2519","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/2519","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=2519"}],"version-history":[{"count":0,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/2519\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=2519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=2519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=2519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}