Conn. Hedge Fund Association Leaves Hedgies In Its Wake

Aug 15 2007 | 11:15am ET

The results for the annual Hedge Fund Regatta are in, and while most expected a tough, savvy fund management firm to take home the trophy, one industry group proved that it could outmaneuver a bunch of hedgies any day. 

The Connecticut Hedge Fund Association claimed first place in the finals of the fourth annual Hedge Fund Regatta, organized by the Manhattan Sailing Club. In second place was Gerson Lehrman Group, followed by Market Factory in third. Rounding out the top five were Sungard and Lucas Energy.

Finals were held this past Monday. 

The annual charity event, which raises money for the not-for-profit New York Harbor Sailing Foundation, saw 30 teams participate, each paying an entry fee of $1,000—all to benefit inner-city youth sailing programs. 


2007 Hedge Fund Regatta Final Results

Place

Team/Firm

Race 1

Race 2

Total

1 Connecticut Hedge Fund Association Boat A (7)

2

4

6

2 Gerson Lehrman Group (13)

6

1

7

3 Market Factory (11)

5

2

7

4

Sungard (6)

4

5

9

5 Lucas Energy (8)

3

9

12

6 AM Investment Partners Boat 1 (FC)

1

12

13

7 Connecticut Hedge Fund Association Boat B (1)

10

3

13

8

Lime Brokerage (9)

9

7

16

9

Moore Capital Management (YA)

8

8

16

10 Alternative Investment Group (4)

7

10

17

11 T-Zero / UBS Prime Brokerage (10)

12

6

18

12 Basel Asset Management (12)

11

11

22

13 Griswold (5)

12

12

24

14 Caxton Associates (2)

12

12

24

  


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Editor's Note