Thursday, 2 July 2015
Last updated 53 min 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…