Deal Journal's Dennis Berman
noted Friday that there are no female activist hedge fund managers. Indeed, we are hard pressed to think of a woman helming a domestic activist fund. However, The Deal's Ron Orol
reported on one earlier this year, but there's a catch ... the fund is Chinese.
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The Marco Polo Pure China Fund Ltd. is led by Chris Tang, an Australian-educated Chinese national. Tang (pictured left) founded the firm in 2003 with the help of Stuart Leckie, a longtime Hong Kong resident who previously ran Fidelity Investments' Asia-Pacific office, and Aaron Boesky (pictured right) -- if the name sounds vaguely familiar it's because he's a cousin of infamous arbitrageur and ex-con Ivan Boesky.
As Orol explains, Tang takes a "quiet activist" position, which basically jives with Berman's sources explaining how a woman might operate an activist fund. - Matthew Wurtzel
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Comments
i think it needs to make clear that :
it does NOT mean "female activist""hedge fund manager" in the article.
it means "female""activist hedge fund manager" and
"activist hedge fund" is 1 type of hedge fund based on the way it operates.