Vincent Daniels, Porter Collins set to join Tom Conheeney's new fund - Business Insider

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2 portfolio managers featured in 'The Big Short' are set to join the new hedge fund being set up by Steve Cohen's former right-hand man

Sources tell Business Insider that Vincent Daniels and A. Porter Collins plan to join the not-yet-launched firm.

The two later started a fund together, SeaWolf Capital, and also worked as portfolio managers in Citadel Aptigon's unit, butEmeraldRidge is also planning to add Adam Wolfberg to the investment team, sources say. Wolfberg was a portfolio manager at Diamondback Capital for roughly five years, and has been co-running EastBay Asset Management since late 2012, according to his LinkedIn. Steve Cohen's former right-hand man is launching his own fund called EmeraldRidge Advisors.

Diamondback was founded by Richard Schimel and Larry Sapanski, who previously worked at Cohen's SAC Capital with Conheeney before setting out on their own. Schimel and Sapanski launched a new fund last year, called Cinctive Capital.

 

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It time to see the movie “The Big Short” again! 👇

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