Friday, 27 February 2015
Last updated 6 hours ago
Oct 7 2011 | 11:53am ET
Ping Capital's streak of triple-digit performance is now at serious risk.
The New York-based firm, founded by former SAC Capital Advisors trader Ping Jiang, plummeted 19.1% last month, Dealbreaker.com reports. The firm's Exceptional Value Fund is now down 12.63% on the year—it was once up as much as 13.8% this year,
Ping has enjoyed rather exceptional returns over the past two years, rising 193% in 2009 and 105% last year.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…