Another Hedge Fund Goes Belly Up

February 12, 2008 |

Its official.  Sailfish Capital Partners has gone belly up.  Expect more funds to follow in the next couple of months.  We don’t like to see hedge fund blow up, but this quote in the New York Times article by Mark S. Fishman, ”a pedigreed money manager who raised billions of dollars at the height of the hedge fund boom …” might say it all:

“It’s that sad dawning when you realize the market is so much bigger than you are,” he said.

Hubris?  You tell us.

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