Ping Capital Adds 2.3% In April

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 The fund rose 105% last year and 193% in 2009.

Ping Capital launched its second hedge fund, an emerging markets macro fund, in January.

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