May maelstrom fries Bacon and tames Tigers
By Britt Erica Tunick
Tue Jun 15, 2010
Tiger cubs howl and Third Point loses some edge.
May was a disaster for hedge funds, with many of the
industry's biggest funds performing worse than the AR indices
they are measured against. And the losses weren't limited to
any one strategy.
Some of the top hedge fund firms that were hit with losses in
May include Harbinger Capital Partners, King Street Capital
Management, Maverick Capital, Moore Capital Management, Paulson
& Co., Shumway Capital Partners, Third Point Management,
Tiger Global Management, Tudor Investment Corp., and York
The May market turmoil, including the so-called "Flash Crash"
of May 6, ongoing fears of instability in the European markets,
and the seemingly endless...
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