Exis Up 22% In August

Sep 17 2007 | 1:49pm ET

New York-based hedge fund Exis Capital Management made the right bets last month avoiding the fate that has befallen many hedge funds in August.

Exis, led by former SAC Capital trader and major art collector Adam Sender, returned 22% last month, according to Bloomberg News.

 The once $1.1 billion fund is rebounding from drawdowns last year and in 2004.

Sender said he revamped Exis last year to make only short-term trades.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...