After Months Of Losses, Clarium Up 4% In May

Jun 7 2010 | 1:57pm ET

Clarium Capital Management, the hedge fund run by PayPal co-founder Peter Thiel, hasn’t had much good news to give its dwindling band of investors recently. But the New York-based firm was able to offer some last week: A strong May had helped it cut its year-to-date loss almost in half.

Clarium rose about 4% in May, The Wall Street Journal reports. After dropping roughly 10% over the first four months of the year thanks to a difficult March and April, the hedge fund is now down only 6% on the year.

Last month’s gains may also have pushed Clarium’s assets back above $1 billion; once $7 billion, the firm’s assets had fallen to just $976 million after April’s decline.


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Why Is The Shipping Industry Underwater?

Jul 31 2014 | 7:31am ET

Anyone who’s taken a look at the global shipping industry recently probably knows...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note