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 Europe,...
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