SunTx Capital Partners Launches New Hedge Fund

SunTx Capital Partners said on Monday that it has launched IXTHYS Capital Management, LLC, a new hedge fund. Although IXTHYS will be based at SunTx’s Dallas office, SunTx Capital Partners says the hedge fund will be managed separately from the company’s private equity funds. SunTx’s founding partners have already made contributions to the fund. Ron Dodson will serve as the hedge fund’s portfolio manager.


DALLAS–(BUSINESS WIRE)–The founding partners of SunTx Capital Partners (“SunTx”), in collaboration with veteran senior portfolio manager Ron Dodson, today announced the launch of IXTHYS Capital Management, LLC (“IXTHYS”), a new hedge fund investment manager. IXTHYS will be headquartered within SunTx’s Dallas offices but will be managed distinctly and separately from SunTx’s sponsored private equity funds. SunTx’s founding partners have made initial capital contributions.
Ron Dodson, a derivative instruments trader with nearly 20 years of experience, will serve as IXTHYS’ Portfolio Manager. Mr. Dodson most recently served as the Portfolio Manager at NorCap Investment Management, overseeing the firm’s Diversified Premium Fund.
Ned Fleming, Founder and Managing Partner of SunTx commented, “We are pleased to announce the formation of IXTHYS Premium Alpha Fund and our new strategic partnership with Ron Dodson, whom I have known and respected for a very long time. We are very excited about this opportunity.”
Mr. Dodson said, “IXTHYS will be guided by two principles – integrity and results. I am delighted to be partnering with Ned Fleming and SunTx, to capitalize on my two decades of experience trading listed derivative instruments.”
For further information about IXTHYS, please visit:
About SunTx Capital Partners
SunTx Capital Partners, LP, is a Dallas-based private equity firm that invests in middle market manufacturing, distribution and service companies. SunTx specializes in supporting talented management teams in industries where SunTx can apply is operational experience and financial expertise to build leading middle-market companies with operations typically in the Sun Belt region of the United States. SunTx was founded in 2001 and currently has over $600 million of assets under management. The capital committed by SunTx comes from the principals of SunTx as well as from institutional investors, including leading university endowments and corporate and public pension funds. More information about SunTx can be found at