Dorsal Opening New Fund to Outside Investors

The Dorsal Special Opportunities Fund, launched internally last year, got off to a strong start in the first quarter and will soon be open to new money.

Illustration by II

Illustration by II

Dorsal Capital Management, a long-short equity hedge fund firm founded by veterans of an SAC Capital Advisors unit, will soon begin offering its new hedge fund to outside investors, according to a letter to investors.

Institutional Investor earlier reported that the hedge fund firm— a member of the so-called SAC Pack because of its connections to SAC — soft launched the Dorsal Special Opportunities Fund on November 1.

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