Market Update
Hedge Fund
Eddie Lampert
Firm: ESL Investments City: Greenwich, Connecticut 2008 Age: 46 Edward S. “Eddie” Lampert is the founder of ESL Investments. Lampert graduated from Yale University in 1984 with a degree in economics. While at Yale he worked as a research assistant for Professor James Tobin, a Nobel Prize
Richard Perry
Firm: Perry Capital City: New York 2008 Age: 53 2008 Assets Under Management (AUM): $15 Billion Richard Perry received a BS from the University of University of Pennsylvania, and earned an MBA from New York University’s Stern School of Business. Like Dan Och and Eddie Lampert, Richard Perry wo
Ray Dalio
Firm: Bridgewater Associates City: Westport, Connecticut 2008 Age: 58 2008 Assets Under Management: $160 Billion Ray Dalio is rumoured to have started trading at the age of 12. Having gained experience in futures and commodities at firms including Merrill Lynch, Dalio founded Bridgewater Associates
Load
Load refers to a fee charged for buying into or selling out of a fund. See also: Exchange Traded Fund, Hedge Fund
Raj Rajaratnam Profile
By Jonathan Yates When the defense of The Galleon Group founder Raj Rajaratnam rested on April 18, 2011, it was deploying the same strategy that Dennis Levine, the Drexel Burnham managing director, utilized in his trial for insider trading back in the mid 1980s: all the large sized profits were from
Dinakar Singh
Firm: TPG-Axon Capital City: New York 2008 Age: 39 2008 Assets Under Management: $13 Billion Dinakar Singh founded TPG- Axon Capital in late 2004, in partnership with private equity firm Texas Pacific Group – launching with $5 billion in capital. TPG-Axon currently has some 75 researchers sp
David Tepper
Firm: Appaloosa Management City: Chatham, New Jersey 2008 Age: 50 2008 Assets Under Management (AUM): $4 Billion David Tepper founded Appaloosa Management in 1993. Tepper graduated from the University of Pittsburgh with a BA in economics and earned an MBA from Carnegie Mellon University’s Busine
Dan Och
Firm: Och-Ziff Capital City: New York 2008 Age: 47 2008 Assets Under Management (AUM): $33 Billion Och graduated with a B.S. in finance from the Wharton School of the University of Pennsylvania. Like fellow hedge fund managers Eddie Lampert and Richard Perry – Och worked in the Risk Arbitrage
Nicola Horlick
Firm: Bramdean Asset Management City: London 2008 Age: 47 2008 Assets Under Management (AUM): £7 Billion Nicola Horlick established her reputation in the early 1990′s at Morgan Grenfell Investment Management. In 1997 she teamed up with Keith Percy and assumed the role of Chief Executive of SG
Sharpe Ratio
Sharpe Ratio is a risk adjusted measure of a fund’s market performance. It measures a fund’s average historical return per unit of risk. The higher the number the better the fund has performed. This performance measure was developed by William F. Sharp
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