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.

Comments

  1. 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.

  2. 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?