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The 2015 Hedge Fund Rising Stars: T. Troy Dixon
The Hollis Park Partners founder recently secured $50 million in start-up capital from GCM Grosvenor.
In December 2014, T. Troy Dixon landed a major deal. Less than two years old, his hedge fund firm Hollis Park Partners entered a strategic partnership and seed deal with GCM Grosvenor, the Chicago-based, $50.2 billion fund-of-hedge-funds giant. Grosvenor provided $50 million in seed capital for Hollis Park, which now has close to $225 million in assets under management. The New York–based multistrategy firm is named after the Queens, New York, neighborhood where Dixon grew up and Duane Park in Tribeca, where he now lives; it invests across structured rates, structured derivatives and structured credit. Dixon, 43, has already won recognition for his investing prowess. Black Enterprise magazine placed him on its 75 Most Powerful Blacks on Wall Street list in 2011 and its America’s Most Powerful Players Under 40 list in 2007, and Investment Dealers’ Digest deemed him one of its 40 Under 40 in 2006. Prior to Hollis Park, he spent most of his career at investment banks, most recently co-heading the structured products trading group at Deutsche Bank in New York from 2006 to late 2013. He sits on the boards of Harlem’s Apollo Theater — along with fellow hedge fund manager and noted philanthropist Paul Tudor Jones II — and Boys Hope Girls Hope, a Brooklyn nonprofit that helps children excel through scholarships and charities. Dixon earned a BA in economics from College of the Holy Cross in Massachusetts in 1993, where he was recruited to play football and also joined the baseball team. Two decades later he’s still involved with the school. In 2008 he donated $250,000 to fund an artificial turf field to improve playing conditions.