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

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

Agecroft Partners: Hedge Fund Industry Assets to increase $250B by Summer 2016

Aug 11 2015 | 11:29am ET

Assets will continue to flow into the hedge fund industry despite long-standing...

 

Editor's Note