Английская Википедия:Clarium Capital
Шаблон:Short description Шаблон:Infobox company
Clarium Capital Management LLC was an American investment management and hedge fund company pursuing a global macro strategy. It was founded in San Francisco[1] in 2002 by Peter Thiel, co-founder of PayPal and early investor in Facebook.[2][3] Its assets under management grew to $8 billion in 2008, after which a series of unprofitable investments and client redemptions shrank that to about $350 million as of 2011.[4]
Function and history
Clarium was an employee-owned firm that invests in public equity (primarily in micro-cap companies), fixed income, and hedging markets. Unlike most funds, which charge clients about a 2% management fee for their total assets invested and an additional 20% performance fee of the increase in the fund's net asset value, Clarium charged a 0% management fee and a performance fee of 25%.[2]
The company stopped working while Thiel worked at PayPal and resumed in 2002.[5] In 2008, Clarium moved its headquarters from San Francisco to New York City.[6] In June 2010 Thiel closed the New York office to consolidate the company into one location at its San Francisco office.[3] By 2011, the company had shrunk by 90%.[7] It was considered defunct by 2013.[8]
Performance
2002
Clarium's 2002 performance, a series of correct bets in the energy markets that global demand would cause an oil shortage, was described by a 2009 Wall Street Journal article as "impressive".[9]
2008-2010
Clarium was down 4.5% in 2008,[10] down 25% in 2009,[11] and down 23% in 2010.[12] For the first half of 2008, the fund had a YTD return of 57.9%.[13] At the start of 2008, the fund had $4 billion in assets under management (AUM),[2] raised to $7.8 billion in June 2008, then dropped to $1.5 billion in July 2009, after investors withdrew money from the fund.[14] It lost most of its value in 2008 on large bets that the US dollar would fall, and AUM reached $681 million in December 2010.[12][15]
References
Further reading
- "Clarium Capital Gained 4% In May As Deflation Trade Returned". Wall Street Journal. June 4, 2010.
External links
- ↑ Clarium Capital on Google Maps
- ↑ 2,0 2,1 2,2 "Thiel's Hedge Fund Plummet". New York Post. Retrieved June 27, 2010.
- ↑ 3,0 3,1 Шаблон:Cite news
- ↑ Шаблон:Cite news
- ↑ "Clarium Capital Management LLC". BusinessWeek. Retrieved June 28, 2010.
- ↑ Шаблон:Cite news
- ↑ Шаблон:Cite news
- ↑ Шаблон:Cite web
- ↑ Шаблон:Cite news
- ↑ "Hedge Fund Portfolio Tracking: Peter Thiel's Clarium Capital, Q4 2008"
- ↑ "Thiel's Clarium Capital reportedly hurting"
- ↑ 12,0 12,1 "Peter Thiel's Clarium Hedge Fund Falls 23% This Year"
- ↑ "Clarium hedge fund posts gains of 57.9 percent". Reuters. Retrieved June 28, 2010.
- ↑ "The Quick Gutting of Peter Thiel's Clarium Capital" Шаблон:Webarchive. Gawker. Retrieved June 27, 2010.
- ↑ Шаблон:Cite news
- Английская Википедия
- Financial services companies established in 2002
- Hedge fund firms in California
- Investment management companies of the United States
- Defunct hedge funds
- Страницы, где используется шаблон "Навигационная таблица/Телепорт"
- Страницы с телепортом
- Википедия
- Статья из Википедии
- Статья из Английской Википедии
