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A hedge fund in an industry with few publicly traded companies? Perhaps it is a private equity fund?
by ShabbyDoo 17y ago
A hedge fund in an industry with few publicly traded companies? Perhaps it is a private equity fund?
- dpapathanasiou 17y agoNo, it's probably a scam: "'There is almost no money left in the fund,' an investor said. 'Koenig has an American Express black card through the company that he uses on partying, girls and high living. Most money is missing and iPorn.com is not worth what he says it is.'"
- ShabbyDoo 17y agoI agree, but it's interesting that the name doesn't even pass muster.
- byrneseyeview 17y agoThe distinction doesn't mean much. D. E. Shaw is almost universally regarded as a hedge fund, but makes substantial private equity investments.