Thursday, 25 December 2014
Last updated 1 day ago
May 20 2011 | 1:12pm ET
Rangeley Capital had an impressive first quarter. But its April put even that in the shade.
The New Canaan, Conn.-based event-driven fund soared 11.9% last month, bringing its year-to-date total to 18.1%. That makes it one of just a few hedge funds beating the Standard & Poor's 500 Index on the year, in Rangeley's case handily: The broad market index is up 9%.
The average hedge fund, by contrast, has returned only about one-third of that.
Rangeley was founded four years ago by former Mangan & McColl Partners analyst Chris DeMuth and former satellite communications executive Richard Townsend.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.