OAKLAND, Calif. (HedgeWorld.com)–Taurum Capital Partners, Beverly Hills, Calif. merged with Thomason Capital, bringing on a new senior partner and fund manager as a result.
The combined firm will have US$10 million in assets under management, which includes mutual funds, separate accounts, real estate, fixed income and hedge funds. Founder of Thomason Capital, William E. Thomason is joining Taurum and opening a Bay-area office for the firm in Oakland, Calif.
Mr. Thomason will continue to manage two public securities hedge funds, the Covenant Partners Fund LP and the Covenant Charitable Giving Fund LP. The first fund is a traditional long/short equity hedge fund that includes screens for socially responsible investing. The charitable giving fund has an enhanced income approach investing in U.S. stocks and options strategies. The income generated from that fund is then donated to beneficiaries of the client’s choosing.