Ellington and Elliott pros face off at Alcatraz

By Simone Foxman

Wed Jun 25, 2014

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A different kind of performance.


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 simone.foxman@absolutereturn.net.

ISSN: 2151-1845 / CDC10004H