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Thursday, October 18, 2012

Delivering Alpha - Another Hedge Fund Veteran Throws in Towel - US Business News - CNBC

Delivering Alpha - Another Hedge Fund Veteran Throws in Towel - US Business News - CNBC

Coffey, 41, has liquidated the primary fund he managed, GC Moore Emerging Macro, and returned some $100 million to investors, say people familiar with the matter. He has passed the reins of two other funds he managed to colleagues at Moore, the fund company he joined in 2008, these people said. In a letter to investors, Coffey attributed his departure to the demands of his growing family, according to someone familiar with the letter, saying that he could no longer commit to trading with the same intensity he once did. 


If the Captain is manning the Life boats before the Guests, you know the Jig is up. Short and staying short before and after the Elections.

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