Feinberg returns with $300m


After a sabbatical from the hedge fund world, Jeff Feinberg of JLF Asset Management is back in business. The former managing director at Soros Fund Management and assistant portfolio manager for Fidelity's Magellan Fund has resurfaced on the West Coast with a tidy sum of $300 million.

Feinberg left the business last fall and returned most of the $1 billion in assets he was running in his consumer and retail-focused long/short hedge fund. He decided to focus attention on his family for a while, rather than take a break as a result of negative returns. His funds compounded