Tudor founding partner Peter Borish backs a new hedge fund

Rich Passer will begin trading at his new firm with $50 million in assets.

Mecox Capital Partners

• Mecox Capital Partners is a new $50 million hedge fund focused on options trading.
• Peter Borish, a founding partner of Paul Tudor Jones' hedge fund, is a backer of the manager.
• The firm is run by Richard Passer, a former executive at Dan Niles' Satori Fund.

Mecox Capital Partners will start trading in the new year with a small pool of capital but a big name in its investor base.