Saturday, 30 May 2015
Last updated 1 day ago
Dec 16 2013 | 10:23am ET
A small New York hedge fund is posting some very big returns this year.
Maglan Capital, a concentrated event-driven strategy, is up an impressive 47.28% this year. The fund, which managed $60 million, rose 5.3% last month.
Maglan is poised for its second-straight year with returns in excess of 40%; last year, it rose 41%. The firm, found by Steven Azarbad and David Tawil in 2011, lost 34.8% that year.
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…