Hedge Funds

Senate candidate Eric Hovde trumpets community banking, soft pedals hedge fund ties


In a Q&A with AR, the Wisconsinite asset manager says he "sure the hell ain’t gonna be anything more than a two-term senator."

  Hedge fund manager Eric Hovde has his sights on the Senate (Source: ericforsenate.com)

Eric Hovde, a hedge fund manager running for the U.S. Senate from Wisconsin, is quick to criticize Wall Street practices but slow to advertise his tenure in the hedge fund industry.

The Republican primary candidate, vying for an open seat in a state filled with Tea Party activists, is the founder of $360 million Hovde Capital Advisors, a Washington, D.C. hedge fund trading mostly in the stocks of relatively small financial institutions. But the biography on his