Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:This Hedge-to-Mutual Fund Conversion Quickly Catalyzed Growth Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, April 21, 2016

This Hedge-to-Mutual Fund Conversion Quickly Catalyzed Growth

Reported by Neil Anderson, Managing Editor

Jerry Szilagyi recently did his fifth hedge-fund-to-mutual-fund conversion deal, and the fund has already tripled its AUM.

Jerry Szilagyi
Chief Executive Officer
Catalyst Capital Advisors LLC
Jerry Szilagyi
Chief Executive Officer
Catalyst Capital Advisors LLC
Szilagyi, CEO of Catalyst Funds [profile], confirms that at the end of December Catalyst converted Millburn Ridgefield Corporation's hedge fund into the Catalyst/Millburn Hedge Strategy mutual fund. Millburn Ridgefield now serves as subadviser to the fund.

The fund had $39 million in AUM when it converted, and now it has $118 million.

"We have a great sales team," Szilagyi tells MFWire.

Huntington, New York-based Catalyst now has 27 funds and more than $4 billion in AUM. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2018
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use