Ping Capital Plummets 19% In Sept.

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.


In Depth

The Benefits Of Private Debt Investing

May 7 2015 | 10:43am ET

Jeffrey Haas is chief operating officer of Old Hill Partners Inc., an SEC-registered...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

How To Generate 6% Yield In A Volatile World

May 22 2015 | 6:41am ET

Private credit comes in many different flavors, all with the common themes of over...

 

Editor's Note