Fierce investment analysis met high-octane athletic
prowess earlier this month in San Francisco, California,
where—Absolute Return has
learned—portfolio managers from Elliott Management
Corp and Ellington Management Group competed in the 34th Annual Escape from Alcatraz triathlon.
Ellington’s Gregory Borenstein and
Elliott’s Jesse Cohn swam 1.5 miles in 58-degree water from Alcatraz Island to the St.
Francis Yacht Club on the shores of San Francisco, before
completing an 18-mile bike ride and an 8-mile run through the
city’s hilly streets.
On its website, the race says its competitors are
"World Champions, Olympic Medalists and the best amateur
triathletes from 50 states and over 40 countries." Two
Olympians—Andy Potts and Sarah Haskins—took first place in the men’s and
women’s races, respectively.
Ellington beat Elliott this time around; Borenstein
finished the course in 3:19:01 to Cohn’s 3:35:47, according to the
race results. Former Elliott pro Didric Cederholm, who is planning to launch his own fund, had them
all beat, however. After finishing the swim in an incredible
32-and-a-half minutes, he clocked in at 2:55:44 and came in 57th in the 35-39 year-old division.
Although none of them had anything to say to us, we
imagine a little office boasting is probably in order.
Reporter Simone Foxman welcomes any
tips about hedge fund professionals’ athletic
feats. She can be reached at email@example.com.