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

Q&A: Filippo Pignatti Morano On The Ultimate Alternative Investment...Classic Cars

Jan 29 2015 | 12:37pm ET

In 2011, Filippo Pignatti Morano launched a fund to invest in classic cars. FINalternatives...

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

Five Tips For Successfully Marketing Your Hedge Fund

Jan 30 2015 | 9:14am ET

When it comes to the hedge fund industry, the notion of “build it and it will...

 

Editor's Note