Recent content by Rupertbear

I only met him for a short while, so may be wrong, but to what extent is Niederhoffer retired? He seemed like quite a workaholic to me, and I have a hard time picturing him handing over total control.

Numerous FOF's invest in the various funds run by Manchester. I believe Matador, the oldest offshore fund they run is 100% invested in by Octane, but there are at least 3 other funds, plus some private accounts managed there. It is not unusual for a hedge fund to stop reporting returns once...

Just to add some color, I used to work for a FOF that visited there about a year ago, and I recall that they had one fund (they manage maybe 5) that had to be liquidated if it fell more than 10% below the yearly high water mark. I remember thinking that was an odd setup as it would be hard to...