Saturday, 10 October 2015
Last updated 17 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.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…