Skylar’s Perkins Busts Einhorn At Poker Tourney

Jul 1 2013 | 1:21am ET

A fellow hedge fund manager has ensured that David Einhorn will not repeat his performance at the 2006 World Series of Poker.

Skylar Capital Management found Bill Perkins ousted Einhorn from the “One Drop High Roller” charity tournament on Friday. The competition is one of 62 that make up the WSOP, and features a $111,111 buy-in and $4.8 million prize for the winner.

Perkins used a pair of aces to bust Einhorn, yelling “Leeeroy Jenkins” when the Greenlight Capital founder went all-in. The phrase was popularized by the videogame “World of Warcraft” and refers to a character who recklessly runs into action while shouting his name.

Einhorn, who finished in 18th place in the 2006 WSOP and who last year finished third in the richest poker tournament in history, finished in 72nd place.

In addition to Perkins and Einhorn, SHK Asset Management founder Daniel Shak also participated in the charity tournament, held in Las Vegas.


In Depth

FINalternatives Survey: We Asked Investment Pros...

Apr 2 2016 | 9:42pm ET

The data from our annual reader survey continues to roll in and provide interesting...

Lifestyle

Point72's Cohen Donates $275M To Veterans Mental Health Network

Apr 6 2016 | 8:31pm ET

Billionaire hedge fund manager Steve Cohen has formed a non-profit aimed at treating...

Guest Contributor

Agecroft: Why NYCERS Should Reconsider Exiting All Hedge Funds

Apr 18 2016 | 5:51pm ET

The recent decision by the New York City Employment Retirement System to exit its...