Home > Uncategorized > >Atticus gags self

>Atticus gags self


Atticus Capital, which has been denying rumors about its solvency, recently announced that it would suspend issuing mid-month reports because investors had been “leaking” them to the press. The fund will continue to issue end-of-month reports.

The decision comes at a time when hedge funds are closing, even big ones like Ospraie and speculation about future closings are generating the wrong kinds of headlines for the industry.

It raises interesting questions about how to report and communicate with investors and what can reasonably be expected to kept private in an increasingly transparent world.
Hedge funds should assume that whatever they publish could make its way into the public domain. But if a fund is down 25%, like Atticus is, the least of its problems is what may or may not appear in The Wall Street Journal.
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: