Decades-old fund makes debut marketing push to exploit takeover surge
Tue Mar 30, 2010
David Simon is raising money for Twin Capital Management to further invest in what he predicts will be a substantial increase in mergers and acquisitions.
David Simon's Twin Capital Management, which he founded in
1988, is marketing his fund for the first time. The $230
million firm manages two event-driven/special situations hedge
funds, as well as some managed accounts, and is now primarily
seeking institutional money.
"We didn't actively look for money [in the past]," Simon said.
"My whole philosophy has been to maximize returns, and the best
way to do that is for me to stay on my trading desk." Despite
not having pounded the pavement, Simon was able to grow
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