APRIL 10, 2019 d www.HFAlertcom e und ALERT 5 OPERATORS OF ONUNE PLATFORMS 2 Niche Manager Launches Incubator 2 Wilcox Pulls the Plug on Cider Mill 2 Tourmaline In Talks With Suitors 3 End of the Line for Archer Capital 3 Minnesota Startup Gaining Traction 3 Australia Manager Touts 'Best Ideas' 4 Platform Pros Prep New Offering 8 Capital Flowing to Al Startup 10 Forte Offers Prime Services in US 11 LATEST LAUNCHES THE GRAPEVINE Thomas McKiernan joined Citadel Global Equities this month as a portfolio manager covering industrial-company stocks. Until September, McKiernan was at Alyeska Investment — a firm led by former Citadel Global Equities head Mind Parekh. McKiernan also has worked at Madison Dearborn Partners and Deutsche Bank. A sales and marketing executive has left Bridgewater Associates. Shake Rasheed had joined the Westport, Conn., firm in 2016 after stops at Lazard Asset Manage- ment and Citadel. Rasheed's resume also includes a long tenure at J.P. Morgan. His plans are unknown. Bridgewater is the world's largest hedge fund manager, with some $150 billion under management. CPP Investment Board hired Yan Kvitko this month to head emerging-manager investments. Kvitko had been at New Holland Capital of New York since 2006, See GRAPEVINE on Back Page Tiger Writing Bigger Checks for Seeding Deals Julian Robertson has increased the amount he's willing to invest with new and emerging fund managers. Robertson's Tiger Management, which has been seeding hedge funds for 20 years, typically deployed $20 million to $25 million per deal, usually in exchange for a cut of the manager's fee revenue. But its two most recent transactions were substantially larger. Tiger invested $50 million to $60 million in Yam Square Capital, which began trading on April I. And it provided roughly the same amount of "acceleration" capital to Stony Point Capital, whose 5-year-old fund previously had $48 million of assets, including leverage. The