Saturday, 25 June 2016
Last updated 18 hours ago
May 5 2011 | 12:13pm ET
Ping Capital Management's exceptional run continued in April, as former SAC Capital Advisors trader Ping Jiang's hedge fund rose another 2.3%.
The Ping Exceptional Value Fund, which began the year with $155 million in assets, is up 13.8% this year, according to numbers obtained by Dealbreaker.com. The fund rose 105% last year and 193% in 2009.
Ping Capital launched its second hedge fund, an emerging markets macro fund, in January.