Three Geniuses Launch Hedge Fund, Hoping It Aptly Named

Jan 10 2011 | 4:30am ET

Hedge fund managers are not necessarily known for their modesty. But three Long Island money managers may be setting a new standard for hubris.

A.J. Caro, Victor Plotkin and Alex Rabinovich have launched a new hedge fund backed by brains, or so they say. The three have dubbed the effort the Genius Hedge Fund, seeking “long-term returns for your portfolio that minimizes your exposure to risk,” Newsday reports.

Caro, Plotkin and Rabinovich met rather prosaically.

“Our leaders developed their friendships through ardent games of chess; this challenged their mental capacities and required the highest levels of mathematical strategy and analysis,” the Geniuses explain. “Mastering the skills necessary to succeed in chess stimulates us and is integral to the principals of our company.”

According to the new firm’s Web site, Plotkin has two decades experience in money management, while Rabinovich has “expertise in management and investing. For his part, Caro, the third genius, offers “business prowess and entrepreneurial spirit.”

The Genius fund is based in Bohemia, N.Y.


In Depth

Whisky Business: The Ultimate Liquid Alternative Investment

Sep 15 2014 | 7:02am ET

David Robertson knows his single-malt whisky—he was the Master Distiller at the...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

In search of the ‘new normal’ at the Fed

The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.