A 28-year-old raised $75 million for his new hedge fund
|09/25/2016||Posted by BusinessMediaguide.Com under General World News||
Jamie Sterne has raised $75 million for his new hedge fund.
No big deal, you might think. There are hundreds of hedge fund launches every year.
Except Jamie Sterne is just 28-years old.
Sterne launched Skye Global Management in July, according to a person familar with the matter. The New York-based fund focuses on long-short equity investing.
Starting a fund in one’s twenties is by no means common. Most new launches are started by managers who are usually a decade or two older. There are a few exceptions, such as legendary investor David Einhorn, who started Greenlight Capital at 27.
Sterne read more >>>