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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