Home >> Absolute Return >> Archive - Landing Page >> SAC players keep it small for big returns

SAC players keep it small for big returns

May 01, 2005  



SAC Capital alumni Chad Loweth, Richard Schimel and Larry Sapanski are putting the finishing touches on their planned diversified long/short hedge fund operation - and have created a novel structure.

Taking a page out of the SAC playbook, the partners are looking to strictly limit their initial assets in order to maximize returns.

Diamondback Capital Management of Stamford will launch with no...

TAKE A FREE TRIAL

The full contents of this article are available to active AR subscribers and trialists only.

To continue reading please, take a free trial, subscribe or log in to AR.

Subscribe

Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Subscribe now



  1. Helping hedge funders cope with prison
  2. Market wizards or masters of mirage? Noted authors Schwager, Lack and Drobny to discuss at Symposium
  3. Caution from a short-seller: Earnings don't support the market’s ebullience
  4. Looking back on a $710,000 breakfast
  5. Michael Geismar’s $710,000 blackjack breakfast

Popular Searches on HFI