Wealthspring Capital today announced the launch of Fountain Opportunities, a hedge fund that will begin trading May 3.
The management team is led by Wealthspring co-founders Matthew Simpson and David Gallers.
This is Wealthspring’s second SPAC-focused investment product. Its US Treasuries + Alpha® with SPACs product is a separately managed account (SMA) cash management strategy that offers investors access to SPACs while providing the safety and security of US Treasuries. Wealthspring has amassed over $650 million in assets under management in the two years since its launch. Last year, the SMA strategy returned over 20% to investors, the company said in a statement. Read more.
