Thursday, 26 February 2015
Last updated 4 hours ago
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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…