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Superfund: Closing offices but Baha still a playa (in movies, that is)
Internal Administrator
Posted: Saturday, August 13, 2011
Joined: 10/12/2010
Posts: 5780

Posted: 6/28/2010 7:43:05 AM

By: jurisper

The thing f/k/a Quadriga Superfund (n/k/a something else that I can't remember) is down 20% or so this year and is closing a bunch of offices:

as well as pulling out of Formula 1 sponsorship etc.

On the other hand, founder Christian Baha apparently has a part in "Wall Street 2", so I guess things aren't totally gloomy for him:

A big down year following a big up year actually makes the thing look more real, FWIW.

Posted: Saturday, August 13, 2011

Posted: 6/28/2010 8:01:07 AM

By: jurisper

Performance for their A strategy US thing is actually down about 6% ytd, not 20%, and was down about 30% in 2009. The more leveraged B strategy thing looks worse.

Their previously-stellar Cayman fund has been awful: down 51% in 2009 and down 15% ytd.

A cynical person might wonder if this poor-but-plausible reported performance since the beginning of 2009 has anything to do with DM's highlighting of various features of the operation a while back.


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