By Jack Simony
A new hedge fund, Branch Hill Capital, has been launched by Ron Beller and Manal Mehta, the New York Times reported, citing a report in the Financial News.
The fund started in June, and is up 15 percent according to the report.
The two started the fund with $40 million of their own capital, and are trying to raise $250 million from outside investors, the report said.
– By Jack Simony