Fund manager claiming big gains, guaranteeing against losses, no audited statements

Water Cooler
#1

http://www.bloomberg.com/news/articles/2016-07-26/the-curious-case-of-joseph-meyer-a-little-giant-of-hedge-funds

BS is really strong with this one.

#2

Seems legit. NOT.

#3

.

#4

10 year lock up period? LOL even PE doesn’t have this kind of lock up requirement.

#5

Why does his company have an Indian name?

#6

That’s what happens when interest rates are low.

PE wouldn’t - their lockups are related to market/business cycles (I think) rather than capital guarantees.