Coffey’s career reveals ultimate highs and lows in hedge funds
Wed Dec 5, 2012
It was at GLG that Greg Coffey delivered a stunning series of returns on the firm’s Emerging Markets fund – including nearly 60% in 2006 and over 50% again in 2007
By Neil Wilson
An awful lot – perhaps too much – has already
been said about the sudden decision of Greg Coffey, most
recently at Moore Capital in London, to hand back money to his
investors and hang up his boots as a hedge fund manager. But
perhaps there is still a little more to say – given
that we at HedgeFund Intelligence, primarily on the EuroHedge
side, had a front row view of the meteoric rise and dramatic
career of a manager who made such a huge name for himself
during his days at GLG.
In less than a decade, Coffey’s career seemed
to pack in almost every aspect of what life can be like as a
hedge fund manager. He went all the way from trying and
struggling to raise money as an independent operator to
becoming the star trader at the biggest hedge fund group in
ISSN: 2151-1845 / CDC10004H
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