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 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.


In Depth

FINalternatives Survey: We Asked Investment Pros...

Apr 2 2016 | 9:42pm ET

The data from our annual reader survey continues to roll in and provide interesting...

Lifestyle

Point72's Cohen Donates $275M To Veterans Mental Health Network

Apr 6 2016 | 8:31pm ET

Billionaire hedge fund manager Steve Cohen has formed a non-profit aimed at treating...

Guest Contributor

Agecroft: Why NYCERS Should Reconsider Exiting All Hedge Funds

Apr 18 2016 | 5:51pm ET

The recent decision by the New York City Employment Retirement System to exit its...