Hedge Fund Datapoint of the Day

The WSJ reports on Alan Howard:

His firm is blossoming, soaring from $12.5 billion at the beginning of 2007 to become one of the largest hedge funds in the world.

The article is illustrated with a hedcut of George Soros, godfather of global macro funds. His flagship Quantum Fund peaked at about $7 billion in 1996. Nowadays, that’s a level from which you grow to become big: Howard’s fund has now reached $20 billion.

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