Out of the shadows
February 01, 2012
King Street has kept a famously low profile since its launch, but after its posting lackluster returns for two years and building up a large pile of cash, investors may want the firm’s founders to start talking.
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Illustrations by Michael Kirkham |
By Stephen Taub
While hedge fund managers are famous for their secrecy, the founders of King Street Capital Management have set a new standard for reticence.
The firm’s founders, Ottavio Francis Biondi Jr. and Brian Higgins, have rarely appeared in the press since they launched their global long-short credit and event-driven firm in New York in 1995. The firm, which managed $18.5 billion as of December 1, has never conducted an...
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