Former Boyz ll Men Producer To Launch Tech-Focused Hedge Fund

Date: Friday, February 2, 2007
Author: FinAlternatives.com

One morning back in 1995, struggling composer/producer Dennis Ross’ phone rang at 3:43 a.m. On the other line was Boyz II Men.

The multi-platinum R&B group—one of the biggest in the music world—wanted to meet with him in Philadelphia the next morning to sign him up as their record producer. Twelve years later, this successful-producer-turned-portfolio-manager is seeking absolute returns in the form of the PBGB Fund, to be launched this summer.

The long/short fund, which aims to have $20 million in initial capital, will focus on investing in U.S. technology and biotech healthcare concerns.