SAC Up Over 20%

Jan 2 2014 | 1:57pm ET

SAC Capital Advisors is going out on a high note.

The legendary hedge fund, which is returning outside capital after settling criminal insider-trading charges, was up 20.1% through Dec. 27, it told investors Monday. The average hedge fund is up by only single digits this year.

SAC rose 1.88% last month.

SAC agreed to cease managing outside capital and become a family office in November, pleading guilty to insider-trading charges as part of a deal with federal prosecutors.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR