alex porter, hedge fund

When Porter landed a tryout with the money-management firm of A.W. X0704 D/A LIVE 0001087378 Collectors' Fund, L.P. c/o CF Advisors, LLC 666 Fifth Avenue, Suite 3403 New York NY NEW YORK 10103 212-484-5000 NEW YORK COLLECTORS FUND L P Limited Partnership true A. Alex Porter c/o CF Advisors, LLC 666 Fifth Avenue, Suite 3403 New York NY NEW YORK 10103 Executive Officer A. Alex Porter is a Managing Member of CF Advisors, LLC, the General Partner of the … Mr. Porter served as a portfolio manager at A.W. (The other manager is Alex Porter of Porter Felleman, a 25-year-old firm that steers America's second-oldest hedge fund.) That was compared to 8.9% for the S&P 500 total return index and 7.4% for the HFRI Event-Driven Read More. Amici Capital, LLC is an employee owned hedge fund sponsor. Whitney graduated from the University of Florida and began her career with Porter Orlin hedge fund in New York City, where she performed investment research for the managing director, Alex Porter. Please speak to a licensed financial professional before making any investment decisions. Norway Raises Concern Over Vaccine Jabs for the Elderly, What to Know About Vaccine-Related Deaths, Allergies, Norway Moves to Calm Vaccine Anxiety After Elderly Deaths, Vaccine Disparities Raise Alarm as Covid Variants Multiply, U.S. Equity Futures Fluctuate, Dollar Trims Gains: Markets Wrap. His hobbies are tracking global financial developments and watching sports. Whitney graduated from the University of Florida and began her career with Porter Orlin hedge fund in New York City, where she performed investment research for the managing director, Alex Porter. THE COLLECTORS' FUND, L.P. Fund Type: Hedge Fund Private Fund ID: 805-7688051372 Form D File Number: 021-129165 Owners: 67 Minimum Investment: 1000000 Gross Asset Value: 252430066 Insider Ownership %: 10 Parent Fund: AMICI CAPITAL, LLC: Name(s) of Parter, Manager, Trustee, or Director Mission: Providing a framework to improve your investing PROCESS, while collecting newsworthy information about trends in business, politics and tech areas. BAML Warns Of Trouble In Emerging Markets Currencies By Mani. Mr. Porter has over 30 years experience in the investment advisory business and currently, through one or more entities that he controls, manages approximately $100 million. })(); Check out our cornerstone topics which we update regularly by clicking below. Steven A. Cohen (born June 11, 1956) is an American billionaire hedge fund manager and majority owner of the New York Mets of Major League Baseball. ALEX PORTER. The following graph from an April letter to investors highlights strong return posted by Amici, as well as, the recent underperformance: The following table captures the monthly net performance posted by Amici strategy since 1994: Subscribe to ValueWalk Newsletter. “There are 8,000 hedge funds,” he said at a panel discussion at Queens University in Charlotte, according to the newspaper. WhaleWisdom tracks 13F, Schedule 13D, and 13G EDGAR filings by hedge funds. After losing its founder A. Alex Porter in April, the fund initially gained ground but then went through difficult market environments during July, September and now October. Later years. He received a bachelor’s degree in English in 1960 from Davidson College in Davidson, North Carolina, where he played football on a scholarship and also wrestled. Porter Orlin Hedge Fund June 2007 – March 2010 2 years 10 months. We respect your privacy. Jaeson Dubrovay of NEPC spoke at the 2008 Hedge Fund Leadership Forum about the hedge fund industry from “a thirty thousand foot view.” Dubrovay said he is a consultant at NEPC and since they are independent, they don’t manage money but only advise clients. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below: Mani is a Senior Financial Consultant. Whitney graduated from the University of Florida and began her career with Porter Orlin hedge fund in New York City, where she performed investment research for the managing director, Alex Porter. The New York-based hedge fund was established as Porter Management in 1976 by Alex Porter, who passed away in 2014. Leveraging the “build, buy or partner” framework can help your brand better develop effective roadmaps for the back half of this year as well as 2021 and set you on a path to exceeding your goals. Jones as a portfolio manager in 1967, where he remained until moving to Sanford Bernstein in 1972. “Alex cared. Unsubscribe at any time. Porter has over 30 years experience in the investment advisory business and currently, through one or more entities that he controls, manages approximately $100 million. ValueWalk.com is a highly regarded, non-partisan site – the website provides unique coverage on hedge funds, large asset managers, and value investing. Porter was born in Charlotte, NC and moved to New York in the 1960s subsequently becoming a member of The name Amici -- “friends” in Latin -- reflected the fact that of 30 people Porter solicited for startup money, only three friends came through, writing checks totaling $360,000. Have a confidential tip for our reporters? He joined A.W. WhaleWisdom 13F Data. The name Amici (‘friends’ in Latin) reflected that only three friends came through, writing checks totaling $360,000, though Porter solicited startup money from 30 people. Kathryn F. Staley wrote in “The Art of Short Selling” that Porter’s hedging strategy included being short companies, “where financial legerdemain denotes something is seriously wrong”. As a protégé of the first hedge fund manager and an industry pioneer himself, Alex applied lessons he learned at the first hedge fund in his investing. jo.type = 'text/javascript'; Porter Management survives today at Amici Capital and its flagship fund generated annualized returns of about 20% during his stewardship. He was 75. A. Alex Porter, a well-known manager in the hedge fund industry, died on April 18th at the age of 75. A. Alex Porter, a well-known manager in the hedge fund industry, died on April 18th at the age of 75. The cause was colon cancer. Hedge fund manager John Paulson recently shut down a … Those companies, Staley wrote, are “where management does not own much stock, where management is not realistic and forthright about their business, and where the company itself is leveraged or has a fatal balance-sheet flaw.”. We won’t send you spam. Is Twitter Inc (TWTR) Bringing In New Users Fast Enough? PORTER--A. Alex, died at his farm in Davidson, NC on Good Friday. He said: “Today, by contrast, the term ‘hedge’ suggests ‘leveraged and long’ investing which often amplifies rather than cushions market swings”. A. Alex Porter, who applied the lessons he learned at the first hedge fund, A.W. Hedge funds may … Alex Porter, one of Jones's portfolio managers, confirmed that their market exposure was aggressive, perhaps up to 120%. His father, Alpheus Sr., was a banker with Union National Bank, predecessor of Wells Fargo & Co. His mother, the former Fradonia Brown, was a real-estate broker in Charlotte. He became a … var r = Math.floor(Math.random() * (9999 - 0 + 1) + 0); On a 10-year basis, Mr. Jones's hedge fund had beaten the top performer Dreyfus Fund by 87 percent. We won't send you spam. Hedge funds are alternative investments using pooled funds that employ numerous different strategies to earn active return , or alpha , for their investors. var jo = document.createElement('script'); LIGHTPATH CAPITAL L P Funding details. Porter served as a trustee of the Library of America, a nonprofit publisher of classic American literature, and the New York-based John Simon Guggenheim Memorial Foundation, which supports the work of scholars, scientists and artists. On a 10-year basis, Mr. Jones's hedge fund had beaten the top performer Dreyfus Fund by 87 percent. In a year that has been traumatic for many investors, one hedge fund argues that this year may not be among the five worst years in the last 10 for investors in frontier markets. He is credited with forming the first modern hedge fund and is widely regarded as the "father of the hedge fund industry." James Grant, a friend and colleague who publishes Grant’s Interest Rate Observer, said: “Porter carried the long-ago notion of a “hedged” fund as one that is ‘long and short’ and thereby inured to the vicissitudes of the overall market. ALL RIGHTS RESERVED. Jones & Co., as a founder of what today is Amici Capital LLC, has died. Whitney graduated from the University of Florida and began her career with Porter Orlin hedge fund in New York City, where she performed investment research for the managing director, Alex Porter. Grant, in a death notice published in the Charlotte Observer, wrote: “On Wall Street, Porter was known as a gentle and courteous giant. jo.id = 'FJVoiceFeed'; Mr. Porter began his career with Interstate Securities Corporation in Charlotte, North Carolina in 1960. In 1964 he moved to New York to work as an investment analyst. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. Capital Advisors, both based in Stamford, Connecticut. He worked on the Oracle staff, ... Mr. Porter began his money management career at the New York hedge fund firm A. W. Jones & Company, later creating the highly successful Amici Capital. Hedge Fund Whale Backtesting and search tools . Largely self-taught when it … In 1998, Porter and Grant formed Nippon Partners LP, a hedge fund to invest in small-cap Japanese companies that were trading at less than net asset values. Alex Porter, one of Jones's portfolio managers, confirmed that their market exposure was aggressive, perhaps up to 120%. WhaleWisdom ... ALEX PORTER IS AN EXECUTIVE OFFICER OF CF ADVISORS, LLC, THE GENERAL PARTNER OF THE ISSUER. Alfred Winslow Jones (9 September 1900 – 2 June 1989) was an Australian investor, hedge fund manager, and sociologist. He spent seven years there at a local firm latterly as a partner specialising in insolvency and fund disputes. Alex Porter, Hedge Fund Pioneer, Dies, Leaving Behind Struggling Amici By Mani. Address. IN 1949 ALFRED WINSLOW JONES, whose background included a Ph.D. in sociology, a stint as a writer at Fortune but no time in the clubby world of Wall Street, launched an investment partnership. Mr. Porter has over 30 years experience in the investment advisory business and currently, through one or more entities that he controls, manages approximately $100 million. By Alex Barinka, Kiel Porter and Sonali Basak | May 19, 2016. Q2 2020 hedge fund letters, conferences and more Less difficult September For last month, the Frontaura Global Frontier Fund was up Read More. It manages hedge funds for its clients. However, in 2006, the three-judge panel of the U.S. Court of Appeals in Washington unanimously struck down the rule, citing the complexities in regulations. In 2006, a three-judge panel of the U.S. Court of Appeals in Washington unanimously struck down the rule, citing the complexities in regulating something -- hedge funds -- that isn’t mentioned in U.S. securities laws. Alex Porter, who worked at the first hedge fund, A. W. Jones & Co., and later ran his own successful firm, died April 18. [15] Later years . Unsubscribe at any time. He was 75. Whitney graduated from the University of Florida and began her career with On Tuesday night, Porter Orlin, a New York-based hedge fund that holds a 4.1% stake in CKE, announced that it had fired off a letter to CKE Chairman Byron Allumbaugh and CEO Andrew Puzder. The cause was cancer. While Porter served as a managing member of Amici Capital, LLC, Paul E. Orlin is the managing member and portfolio manager of the firm. A. Alex Porter, a member of the Wall Street generation that popularized the hedge fund and himself a successful practitioner of that now-familiar investing craft, died at his farm in Davidson, N.C. Hedge Fund Private Equity Fund ... Collectors' Fund, L.P. /s/ Alex Porter: Alex Porter: Managing Member of the General Partner: 2009-03-12: Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number. Find Alex Porter online. … Porter Orlin Hedge Fund June 2007 – March 2010 2 years 10 months. “Some need regulations. (function () { LIGHTPATH CAPITAL L P raised $10,635,000 from 20 investors on 2012-03-16. In 1976 it started its first fund, Amici Associates LP, which remains one of the hedge funds managed by Amici Capital. "He was not a stock-market guy," recalls Alex Porter, who worked for Jones in the late 1960s and early 1970s and went on to run hedge funds. Jones as a portfolio manager in 1967, where he remained until moving to Sanford Bernstein in 1972. Porter, a probationary hire, was asked to manage a hypothetical $1 million portfolio, which he “promptly lost,” Grant said. © 2021 VALUEWALK LLC. Coining the term 'hedge fund' to describe Jones' fund, it pointed out that his hedge fund had outperformed the best mutual fund over the previous five years by 44 percent, despite its management-incentive fee. document.getElementsByTagName('head')[0].appendChild(jo); Hedge Fund Whale Backtesting and search tools . He is the founder of hedge fund Point72 Asset Management and now-closed S.A.C. A.W. “Alex’s professional story is the story of the evolution of Wall Street,” Grant said yesterday in a telephone interview. Whitney graduated from the University of Florida and began her career with Porter Orlin hedge fund in New York City, where she performed investment research for the managing director, Alex Porter. A former writer and sociologist Alfred Winslow Jones’s company, A.W. The First Hedge Fund . Jones & Co. the legendary hedge fund, and at Sanford C. Bernstein & Co. Jones is regarded as the world’s first hedge fund. You can learn from Charlie Munger firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below: Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. That venture lasted until the end of 2010. He was 75. item 3. related persons Gates Capital Management's ECF value fund has earned strong returns for investors since its inception in June 1996. Porter’s hedging strategy included being short -- or betting on the decline of -- shares in companies “where financial legerdemain denotes something is seriously wrong,” Kathryn F. Staley wrote in “The Art of Short Selling” (1996). Amici Capital, a global long/short equity fund manager, now has about 27 employees and $2.2 billion in assets under management, according to the latest letter to investors, a copy of which was reviewed by ValueWalk. Insider Monkey Hedge Fund Directory - Letter A. Paul Tudor Jones. https://www.valuewalk.com/2014/04/alex-porter-hedge-fund-pioneer-dies-75 In his company, one invariably felt his hand on one’s shoulder at a doorway; Porter insisted on entering second. He married in the 1960s and was divorced after about seven years, his niece said. He was 75. Over its short life, … Mr. Porter served as a portfolio manager at A.W. By contrast, Jones did relatively well during the market downturn of 1973–1974 by being conservative. Instagram, Twitter, Facebook, Images, Youtube and more on IDCrawl - the leading free people search engine. Too big to fail, but not too big for criminal charges . It has about 27 employees and $2.2 billion in assets under management. The cause was cancer, according to his sister, Sarah Porter Boehmler. Paul Orlin took over management of the firm’s portfolio in 1994. He has worked in Senior Management role in large banking, financial and information technology organizations. “Describing Alex as a man of humility does not really do justice to his grace and selflessness,” Orlin, the firm’s chief investment officer, wrote in a note to investors. Anyone would be hard pressed to find another in the hedge fund business with such an extraordinary record of success and such an insatiable desire to make those around him successful.”. Porter Management survives today at Amici Capital and its flagship fund generated annualized returns of about 20% during his stewardship. Tudor Investment Corp. $2,017,669,000 14 Aug August 14, 2015. Porter’s first fund, Amici, generated a net compound annual return of about 20 percent from its formation in 1976 until 1993, according to the firm. He had an abhorrence of foul language and would walk out of a bar rather than be subjected to it.”. Amici Capital, LLC is an employee owned hedge fund sponsor. Before it's here, it's on the Bloomberg Terminal. Alex Porter came to Woodberry from his native Charlotte, North Carolina. Alex Porter Founder and Managing Member, Amici Capital, LLC. He is the founder of hedge fund Point72 Asset Management and now-closed S.A.C. Porter was born in Charlotte, NC and moved to New York in the 1960s subsequently becoming a member of the Wall Street generation that popularized the hedge fund. Alex Porter said in 2005 that his firm Porter Orlin Inc. wouldn’t register with the U.S. Securities and Exchange Commission, which had mandated a rule requiring registration by hedge-fund advisers with 15 or more clients. The cause was cancer, according to his sister, Sarah Porter Boehmler. Aggregate Net Asset Value Range (for issuer specifying "hedge" or "other investment" fund in item 4 above) I’d like to think we don’t.”. alex porter is an executive officer of cf advisors, llc, the general partner of the issuer. Porter then joined hedge fund manager A.W. Jones & Co., as a founder of what today is Amici Capital LLC, has died. 3) Alex Porter, founder of hedge fund Porter Olin and a Queens University of Charlotte trustee, will moderate the event, which will include managers from funds such as Levy Harkins, Chilton Investment Co. and Wyper Capital. He was 75. Pooled Investment Fund Hedge Fund false Decline to Disclose 06 3C 3C.1 true 9999999997-04-005112 2004-01-01 false true false 1000000 CHRISTOPHER E. ENGEL 1495822 PALI CAPITAL, INC. 117783 650 Fifth Avenue New York … Over its short life, … Having continued his interest in wrestling at Davidson on its varsity squad, he wrestled competitively into his fifties. He holds MBA (Finance) and Professional Management Accounting Qualifications. His New York-based Amici was formerly known as Porter Orlin and before that, Porter Management when it was first founded in 1976. Mr. Porter founded the Firm’s predecessor investment advisory entity in 1976, and serves as a managing member of the Firm. The New York-based firm that Porter founded in 1976 as Porter Management Inc. became Porter Orlin LLC in 2005 and Amici Capital last year. Mr. Porter has over 30 years experience in the investment advisory business and currently, through one or more entities that he controls, manages approximately $100 million. The firm primarily provides its services to pooled investment vehicles. Through this challenge, $5 million was offered as a 1:1 match to donors who made new commitments of $50,000 or more to a new or existing endowed scholarship fund. It manages hedge funds for its clients. Paul E. Orlin c/o Porter Orlin LLC 666 Fifth Avenue, 34th Floor New York NY 10103 Executive Officer Managing Member of CF Advisors, LLC, the General Partner of the Issuer. She is currently a board member and volunteer business mentor at Youth Interactive, a non-profit teen center in Santa Barbara working to promote leadership and entrepreneurial skills. Approximate net performance from July to October is down over -5 percent, while the fund reports being down -3.11 percent on the year. 2014. He began his career with Interstate Securities Corp. in Charlotte, according to a biography on the Amici website. In 1999, he and a colleague, Alex Porter, started Nippon Partners, a hedge fund seeking small-cap stocks that seem to be bargains. Mr. Porter served as a portfolio manager at A.W. A leading global business to business finance magazine, focused primarily on international finance and known for its extensive industry research and rankings. In 1972, he joined Sanford C. Bernstein & Co. -- now AllianceBernstein Holding LP -- then set out on his own in 1974 to create his own firm. A. Alex Porter, a member of the Wall Street generation that popularized the hedge fund and himself a successful practitioner of that now-familiar investing craft, died at his farm in Davidson, N.C. Alex Porter joined hedge fund manager A.W. He worked on the Oracle staff, was sports editor of the Fir Tree, and was a member of the monitor board, chapel council, German club, and public speaking honor society. A. Alex Porter, a member of the Wall Street generation that popularized the hedge fund and himself a successful practitioner of that now-familiar investing craft, died at his farm in Davidson, N.C. ValueWalk Team. A. Alex Porter, a well-known manager in the hedge fund industry, died on April 18th at the age of 75. He was given a second chance and stayed. You can learn from Charlie Munger firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Jones era,” Porter carried the long-ago notion of a “hedged” fund as one that is “long and short and thereby inured to the vicissitudes of the overall market,” said James Grant, a friend and colleague who publishes Grant’s Interest Rate Observer. Today, by contrast, the term “hedge” suggests “leveraged and long” investing, he said, which often amplifies rather than cushions market swings. Porter Management survives today at Amici Capital and its... read more . Mr. Porter served as a portfolio manager at A.W. subscription required Relationship(s) EXECUTIVE OFFICER; Clarification of Response. As one of “the last practitioners from the A.W. By Alex Barinka, Kiel Porter and Sonali Basak | May 19, 2016. Alex Porter, who worked at the first hedge fund, A. W. Jones & Co., and later ran his own successful firm, died April 18. “He got into the business when the hedge fund was really still the intellectual property of Alfred Winslow Jones himself, and he imbibed all of the ideas and the culture of that firm, which included deepest, darkest secrecy and discretion.”. Alpheus Alexander Porter, Jr., of Franklin, North Carolina, died on April 18, . Alpheus Alexander Porter Jr. was born on Dec. 12, 1938, in Charlotte, North Carolina. ValueWalk also contains archives of famous investors, and features many investor resource pages. Issuer Size. Coining the term 'hedge fund' to describe Jones' fund, it pointed out that his hedge fund had outperformed the best mutual fund over the previous five years by 44 percent, despite its management-incentive fee. jo.src = 'https://www.financialjuice.com/widgets/voice-player.js?mode=inline&display=1&container=FJ-voice-news-player&info=valuewalk&r=' + r; ... POOLED INVESTMENT FUND - HEDGE FUND Item 5. In 2005, according to the Charlotte Observer, Porter said his firm, then Porter Orlin Inc., would not register with the U.S. Securities and Exchange Commission, which had passed a rule requiring registration by hedge-fund advisers with 15 or more clients. Grant said Porter “quoted from a seemingly infinite personal store of reading, historical anecdote and country-and-western song lyrics,” and he offered an example of a Porter e-mail that began: “The Everly Brothers had a song entitled ‘Nobody Calls from Las Vegas Just to Say Hello.’ Similarly, no one writes mid-afternoon just to say ‘Hello.’ So I’m writing to ask a favor.”. A. Alex Porter, who applied the lessons he learned at the first hedge fund, A.W. The firm primarily provides its services to pooled investment vehicles. Alex qualified and spent seven years at DAC Beachcroft (then Davies Arnold Cooper) and Ince & Co in London before moving to the Cayman Islands in 2004. By contrast, Jones did relatively well during the market downturn of 1973–1974 by being conservative. Alex Porter came to Woodberry from his native Charlotte, North Carolina. A. Alex Porter December 12, 1938 – April 18, 2014 Mr. Porter, a member of the Wall Street generation that popularized the hedge fund and himself a successful practitioner of that now-familiar investing craft, died at his farm in Davidson on Good Friday. Jones & Co. launched the world's first hedge fund back in 1949. Mr. Porter is president and chief executive officer of Porter Felleman Inc. a New York City money management firm . Apartment Sector Outlook: High Hopes For The Post-COVID High Rise, Trump Likely Facing Prosecution In Georgia Over Calls, Learn from the best and forever change your investing perspective, One incredible tidbit of knowledge after another in the page-turning masterpiece of a book, Discover the secrets to Charlie’s success and how to apply it to your investing. He died on April 18 at his farm in Davidson, North Carolina, according to his niece, Elizabeth Boehmler. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below: Alex applied lessons he learned at the first hedge fund in his investing.

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