Hedge Funds

Heidtke starts horsing around

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The manager of the Atlanta-based microcap-focused MidSouth Investor Fund, Buzz Heidtke, is doing more than due diligence on companies in his portfolio these days. In a separate venture, the hedge fund manager is performing due diligence on the bloodlines of thoroughbreds.

Sports coverage in the wake of the recent Preakness Stakes, and ahead of the third leg of the Triple Crown, revealed that Heidtke has taken an investment stake in a number of horses. Unfortunately, his investments did not include a stake in Smarty Jones, winner of the Kentucky Derby, Preakness and favorite for the upcoming Belmont race.