Friday, 27 November 2015
Last updated 58 min ago
Apr 7 2008 | 2:00am ET
It’s been easy come, easy go, for Clarium Capital Management this year. The San Francisco-based hedge fund posted a 24.4% return in January, but plunged 9.9% last month, it told investors last week.
On the bright side for those investors, the $3.8 billion global macro fund, headed by PayPal co-founder Peter Thiel, remains up 15% year-to-date, Reuters reports.
Clarium blamed the March decline on losses on foreign equity holdings.
Clarium returned in excess of 40% last year.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…