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Stock版 - SAC Vet's Ping Capital Up Over 100% For Second Straight Year
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1 (共1页)
d*****l
发帖数: 8441
1
SAC Vet's Ping Capital Up Over 100% For Second Straight Year
Dec 9 2010 | 1:59am ET
He may be best known for the lurid accusations leveled at him by a former
employee, but hedge fund manager Ping Jiang is doing quite a job making a
name for himself in his chosen field.
The former SAC Capital Advisors money manager's Ping Capital Management is
on its way to its second-straight triple-digit year. The New York-based fund
is up 103.45% through October, AR magazine reports. The fund began the year
with a 4.96% drop after soaring 192.81% in 2009.
Certainly, Ping Capital did not begin life under auspicious circumstances.
It debuted in June 2008 and promptly lost 34.26% over its first seven months
. The launch came several months after former SAC trader Andrew Tong accused
Jiang of sexually abusing him, as well as of market-manipulation, in a
lawsuit that was eventually dismissed. Jiang and SAC denied all of Tong's
explosive claims, which included allegations that Jiang forced him to cross-
dress and take estrogen pills, and that Jiang made "violent sexual advances"
towards him.
Ping Capital currently manages about $155 million.
c*********o
发帖数: 8367
2
His Macro investing is obviously working now. He is one of the top 10
traders in the world, so this achievement is not a surprise to me...

fund
year

【在 d*****l 的大作中提到】
: SAC Vet's Ping Capital Up Over 100% For Second Straight Year
: Dec 9 2010 | 1:59am ET
: He may be best known for the lurid accusations leveled at him by a former
: employee, but hedge fund manager Ping Jiang is doing quite a job making a
: name for himself in his chosen field.
: The former SAC Capital Advisors money manager's Ping Capital Management is
: on its way to its second-straight triple-digit year. The New York-based fund
: is up 103.45% through October, AR magazine reports. The fund began the year
: with a 4.96% drop after soaring 192.81% in 2009.
: Certainly, Ping Capital did not begin life under auspicious circumstances.

d*****l
发帖数: 8441
3
How can individuals invest into his fund?

【在 c*********o 的大作中提到】
: His Macro investing is obviously working now. He is one of the top 10
: traders in the world, so this achievement is not a surprise to me...
:
: fund
: year

c*********o
发帖数: 8367
4
I guess you have to have at least certain amount of money in order to
qualify. It is not for retailers like us.

【在 d*****l 的大作中提到】
: How can individuals invest into his fund?
1 (共1页)
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