Everest, Scottwood Soar In ‘09

Jan 12 2010 | 1:28am ET

The average hedge fund returned more than 20% last year, but that wasn’t enough for Everest Capital and Scottwood Capital Management.

The former’s emerging markets fund soared 75% in 2009, according to MarketWatch. The $2 billion Singapore-based firm’s Asia fund did almost as well, returning 73%.

Scottwood, based in Greenwich, Conn., did not do quite as well. But it did more than double the average hedge fund’s return, adding 44% last year. The $500 million event-driven fund lost 7% in 2008.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of