The Secretive Hedge Fund That's Generating Huge Profits for Yale

The Secretive Hedge Fund That's Generating Huge Profits for Yale

5 February 2016, 17:50
Francis Dogbe
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In a year when titans Bill Ackman and David Einhorn each lost more than 20 percent for their investors, David Swensen’s bet on a little-known Boston hedge fund kept making him money. Nancy Zimmerman’s Bracebridge Capital has gone from $5.8 billion in assets four years ago to $10.3 billion today with a return of about 10 percent a year since its inception. That makes it the largest hedge fund in the world run by a woman. Zimmerman, who survived a 1990s scandal involving Russia, her husband and Harvard University, is so....
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