New Hedge Fund Solel Partners Starts Trading With $600 Million
- Highfields alums Craig Peskin and Peter Fleiss launch Solel
- Industry veteran Jon Jacobson is among value fund’s investors
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Solel Partners, the hedge fund started by former Highfields Capital Management partners, began trading this week with $600 million, according to a person familiar with the matter.
Money managers Craig Peskin and Peter Fleiss count Highfields founder Jon Jacobson among their investors, as well as foundations, endowments and other high-net-worth individuals, said the person, who asked not to be identified because the matter is private. The value-oriented credit and equity fund started trading Tuesday from Boston.