Hedge Fund Serengeti Heats Up

Jan 11 2010 | 2:48am ET

Serengeti Asset Management has put 2008 behind it in a big way.

The firm, headed by Goldman Sachs veteran Jody LaNasa, saw its Overseas fund nearly double last year. That vehicle soared 87% in 2009, according to MarketWatch, after plummeting 50% in 2009.

Overseas wasn’t the only Serengeti hedge fund to enjoy 2009. Its Rapax fund rose 41% last year. But unlike Overseas, the financials-focused fund added 11% in 2008.


In Depth

OmniQuest Capital: Why Funds of Hedge Funds Work

Aug 11 2016 | 4:47pm ET

There have been few sectors of the alternative investment universe under as much...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...