BNB babcock & brown limited

becoming a substantial holder, page-2

  1. 13,079 Posts.
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    interesting,,,

    Found this, (aasuming they are the same hedge fund guys)they are pretty hard to get info on,,others may have more

    “We look at young, unproven managers
    because we view new funds as having superior
    risk/reward opportunities than older, proven
    ones,” said Geoffrey Stern, president of Muirfield Capital
    Management, a New York-based fund-of-funds.
    Stern, speaking at the Fourth Annual Fund-of-Funds conference
    in Manhattan this week, told the audience, “Our ideal guy
    is in his early 30s, has been in the business for 10 years, but hasn’t
    made his [big] money yet.”
    One example of a young manager Stern took a chance on was
    Christian Leone, founder and managing
    partner of Luxor Capital Group. “He was
    about 31 years old at the time,” said Stern,
    who turned to his Wall Street contacts to
    gather information on the rising star.
    “When a partner at Goldman [Sachs] told
    me he would invest his own money with
    him, well, that’s the best recommendation
    you can get.”
    An executive at Luxor Capital
    declined to comment on the firm’s assets
    under management or its performance.
    Paul Pomfret, ceo of Palm Beach, Fla.-based PDP Capital

    Just did $61M CAD sale

    http://www.goldminingnews.net/tag/luxor-capital-group
 
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