Published On: Tue, Apr 7th, 2015

Billionaire David Bonderman Wants the Little Guy’s Money

Infinity Q is to tapping into one of the fastest-growing areas for hedge funds.

David Bonderman

Billionaire businessman and philanthropist David Bonderman, 72, has made an estimated $3 billion in private equity for rich investors. Now, according to Bloomberg, he’s offering a hedge fund for the masses.

Bonderman’s NY-based Infinity Q Capital Management, backed and operated by his Wildcat Capital Management, is looking to create a hedge fund where it won’t cost you so much to invest. Infinity Q at this point manages assets worth $51 million.

Using Liquid alternatives (liquid alts) such as mutual funds, exchange-traded funds (ETF), and closed-end funds—providing daily liquidity—Infinity Q is to tapping into one of the fastest-growing areas for hedge funds. Mutual funds sold for a record $16.5 billion last year, according to Morningstar Inc..

“Bonderman has had the itch to expand into investment areas beyond what TPG is confined to, ” said Erik Gordon, a professor at University of Michigan’s business school, told Bloomberg. “He definitely has the money.”

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