Hedge Funds

Ex-Tudor star Heffernan shuts five months after launch


7 April 04 The fewer than 30 investors who last October managed to get into the highly coveted launch of Mark Heffernan's Satoha Capital fund have found their success short-lived: Heffernan has notified them that he will soon liquidate the fund. Heffernan was having a stellar year - his $500 million portfolio was up more than 15% through the beginning of April. But he apparently found that he no longer enjoyed the 24-hour job of running his global macro vehicle. Since leaving Tudor in 2001, the ultra-private and family-oriented Heffernan had been running his own money from his