Jun
27
Hedge-Fund Star Sundheim Lures Piles of Cash on His Own Terms
By-
As much as 35 percent will be invested in private companies
- D1 Capital is said to earmark $1 billion for Viking investors
For Dan Sundheim, who starts trading outside capital at his new hedge fund in mid-July, it might as well be 2007.
That’s when hedge fund managers dominated Wall Street. They could charge high fees, impose long lock-ups on capital and afford to be discerning about which investors they allowed into their funds. Then came the financial crisis and a decade of low returns and client defections. Most startups barely raised any money…
Hedge-Fund Star Sundheim Lures Piles of Cash on His Own Terms
