No June Swoon For Ping Capital

Jul 6 2011 | 5:12pm ET

While many of its peers scuffed about in June, Ping Capital Management enjoyed a bounce-back month.

The New York-based firm, founded by former SAC Capital Advisors trader Ping Jiang, rose 3.47% last month, while the average hedge fund fell about 1.5%. The return pushed the $155 million Exceptional Value Fund up to 11.33% for the first half, reports.

Exceptional Value was up 13.8% through April before dropping 5.6% in May.

Exceptional Value rose 105% last year and 193% in 2009. The firm launched its second hedge fund, an emerging markets macro fund, in January; it returned 4.8% in the first three months of the year.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…