Lasair Capital Receives Women's Business Enterprise Certifications

NEW YORK, March 1, 2011 /PRNewswire/ -- Lasair Capital LLC ("Lasair"), an institutional alternative asset management firm, is pleased to announce that it recently received both national and state certifications as a Woman Owned Business Enterprise from the Women's Business Enterprise National Council ("WBENC") and New York State Department of Economic Development, Division of Minority and Women's Business Development ("DMWBD").  These designations officially recognize Lasair as a majority woman-owned, operated, and controlled enterprise.

"Receiving recognition as a woman-owned enterprise marks an important milestone for our firm," said Carrie A. McCabe, Chief Executive Officer and Founder of Lasair.  "We believe that being a woman majority-owned and operated firm is one of many unique differentiators that sets Lasair apart from other managers in the institutional asset management space."

Carrie A. McCabe founded Lasair in 2008, after an extensive 26-year career in the investment industry that included executive positions at Blackstone Group and FRM. Throughout her career, Ms. McCabe has played an active role in promoting women in business, sharing her knowledge and vast business experience with organizations such as 100 Women in Hedge Funds and Stanford University's Clayman Institute for Gender Research.  

In February 2010, the HedgeFund Journal named Ms. McCabe one of the 50 Leading Women in Hedge Funds.  Ms. McCabe was also a recipient of the NOW Award for Women of Power and Influence in 2006, which honors outstanding women who have used their influence to create opportunities for women and who serve as role models in the community.  She is a regular speaker at hedge fund industry conferences on a variety of alternative investment topics.

About Lasair Capital

Lasair Capital LLC is an institutional alternative asset management firm based in New York City that invests in long/short hedge fund equity strategies.  Carrie A. McCabe founded Lasair in 2008 through a strategic relationship with a Fortune 10 pension trust that is a pioneer in the alternative investment industry.  Lasair aims to offer institutional investors attractive risk-adjusted returns and works closely with its investors and managers with the goal of serving as an "Investor to Investors."  The firm has been registered with the Securities and Exchange Commission since it was founded in 2008.  For additional information, please go to www.lasaircap.com.

SOURCE Lasair Capital LLC