Ackman offers “risk free” Justice, while Boaz Weinstein likes CDS on the safer sovereigns
February 03, 2012
At the Harbor Investment Conference, Ackman, Weinstein, Shainker and Raneri offer tips.
The Harbor Investment Conference, thrown on February 2 in support of 75-year-old New York City nonprofit Boys & Girls Harbor, took its fundraising playbook from Ira Sohn, linking big money investment ideas with charitable donations.
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| || Bill Ackman (Photo: Bloomberg)|
The event yesterday, held at JPMorgan Chase’s offices in Manhattan, included a series of investor presentations from such leading hedge and mutual fund managers as Bill Ackman of Pershing Square Capital Management, Boaz Weinstein of Saba Capital Management and William Danoff of the Fidelity Contrafund. Hosted by Ackman and Mark Axelowitz of UBS Private Wealth Management, the Harbor conferences have raised $435,550 so far for the charity. Part of the success is that Ackman promised the roughly 150 attendees that he would match any contribution, including an impromptu $25,000...
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