« P.J. O'Rourke's Revenge | Main | Lunch on Friday? »
Latest Stories
- Excel Wankers and Recession Averages
- Sorry, New York is Closed. Check Back Later.
- Catching Falling 2009 Earnings Estimate Knife
- Survivorship Bias in Global Markets
- Talking Positions on a Lazy-ish Retirement Portfolio
April 16, 2006
Nobel-Winning Hedge Funds
Three hedge funds can now say, for the first time, that they are Nobel winners -- which, of course, they will say over and over, now that they've just been chosen by the Nobel Foundation to manage some of its $450m in capital.The Nobel Foundation ... has invested in Corbin Capital Partners, Rock Creek Potomac fund and the Carnegie Worldwide Long/Short fund. Although the size of the investments was not disclosed, industry officials said winning an investment mandate of any size from Nobel would be seen a seal of approval for the three funds.
Sphere It
| 
Digg it
| 
Bookmark it
| 
Stumble it
| 
Facebook it
Hmmm, seems to me the last Hedge Fund w/Nobel affiliations came to a rather ignominious end; do the names "LTCM" and Nobel Prize Winner Robert Merton stir anything in anyone?
What a great quote - like they have already landed the Peace Prize givers for 4 other planets: "It is an honour to have been selected by the Nobel Foundation – Nobel is the perfect example of the type of client fuelling our growth," said Tracy McHale Stuart, Corbin's chief executive officer.