Bow Street
Working at Daniel Loeb’s hedge fund, Howard Shainker implemented Third Point’s successful trades shorting subprime mortgages in 2007 and 2008, and then its equally successful long bets on mortgages over the next two years. Shainker left Third Point to co-found hedge fund manager Bow Street last year with his friend Akiva Katz, as the pair had been planning since their days at Harvard Business School. In a sign of the high expectations for the New York–based fund, which will combine in-depth research with event-driven investing, Bow Street is one of an elite group of funds to receive capital from Blackstone Alternative Asset Management’s new hedge-fund-seeding fund. A graduate of Wesleyan University, where he majored in economics and history, Shainker, 35, serves on the board of Accountability Counsel, a California-based nonprofit that defends environmental and human rights around the world.
| Hedge Fund Rising Stars | ||||||
| NAME | FIRM | |||||
| Rick Gerson | Falcon Edge Capital | |||||
| David Ben-Ur | Caxton Alternative Management LP | |||||
| Atwood 'Porter' Collins | Seawolf Capital | |||||
| Javier Dyer | Permal Group | |||||
| Adam Fisher | Commonwealth Opportunity Capital | |||||
| Grace Gu | BlackRock | |||||
| Jason Karp | Carlson Capital | |||||
| Akiva Katz | Bow Street | |||||
| Laurie Katz | GoldenTree Asset Management | |||||
| Ingrid Kiefer | Canyon Partners | |||||
| Simon Krinsky | Hall Capital Partners | |||||
| Carrie Lo | California State Teachers Employees Retirement System | |||||
| Drew McKnight | Fortress Investment Group | |||||
| Marina Mekhlis | Rocaton Investment Advisors | |||||
| Neil Messing | Bureau of Asset Management, New York City | |||||
| Gideon Nieuwoudt | Silver Creek Capital Management | |||||
| Ricky Nardis | UBS Alternative Investment Solutions | |||||
| Vinay Nair | Ada Investments | |||||
| Sean Murphy | Game Creek Capital | |||||
| Kimberly Mounts | MAP Alternative Asset Management Company | |||||
| Tony Waskiewicz | Sisters of Mercy Health Systems | |||||
| Andrew Tsai | Chalkstream Capital Group | |||||
| David Solomon | Goldman, Sachs & Co. | |||||
| Danny Sachnowitz | Texas Treasury Safekeeping Trust | |||||
| Justin Press | BTIG | |||||
| Dean Curnutt | Macro Risk Advisors | |||||
| James Grossman | Pennsylvania Public School Employees' Retirement System | |||||
| Chris Paolino | Hartford Investment Management | |||||
| Mick McGuire | Marcato Capital Management | |||||