Ricky Sandler’s Eminence Capital Debuts New Fund

The fund told clients in its second-quarter letter that the new fund will give investors a non-correlated way to get exposure to its stock picking.

Ricky Sandler, CEO of Eminence Capital (Patrick T. Fallon/Bloomberg)

Ricky Sandler, CEO of Eminence Capital

(Patrick T. Fallon/Bloomberg)

Ricky Sandler’s Eminence Capital rolled out a new hedge fund in June, according to a letter sent to clients and obtained by Institutional Investor.

The fund, called Eminence Partners Neutral, has initially launched with internal capital only.

“We do not envision accepting meaningful net capital inflows via Eminence Neutral, but rather see it as a tool to attract and retain capital that is seeking a non-market correlated way to gain exposure to our stock picking and support us in managing to a strong and stable asset base,” Sandler...

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