Hedge Fund Tracking

Start from today, I will track news about hedge funds and their portfolios. Posts will be posted on a weekly basis.
For one of my school's projects, I will focus on 5 of them, posting anything new about them. They are: David Einhorn's Greenlight Capital, Dan Loeb's Third Point LLC, John Paulson's Paulson & Co, James Simons's Renaissance Technologies and Bill Ackman's Pershing Square Capital Management.
Take a look at how are these funds doing for the first quarter of 2010 (Data from the Marketfolly).

Greenlight Capital -1.33%

Third Point LLC
Offshore fund +15.58%
Ultra fund + 16.5%
Partners fund +16.9%

Paulson & Co
Advantage Plus fund -1.18%
Advantage fund -0.93%
International fund +o.47%
Credit fund +3.35%
Enhanced fund +0.99

Renaissance Technologies
RIEF +4.82%

Pershing Square Capital Management +5.62%



(To see performances of some of the most well known hedge funds for the first quarter of 2010, visit the Markt Folly http://www.marketfolly.com/2010/04/hedge-fund-performance-numbers-first.html).

Third Point LLC is a registered investment adviser based in New York, which manages about $3.4 billion of assets. The firm was founded in 1995 by Daniel S. Loeb, who is CEO and oversees all investment activity. Third Point employs an event driven, value oriented investment style.

Renaissance Technologies LLC is the most profitable investment management company which invests by using mathematical and statistical methods. It currently has more than 300 employees, and manage over $15 billion.

Paulson & Co was founded in 1994 by John Paulson. The firm specialized in merger arbitrage.

See the book The Greatest Trade Ever for more information about John's fund.

Pershing Square Capital Management is a deep value and activist-oriented hedge fund manager that was founded in 2003 by President and managing partner Bill Ackman. The firm was founded with backing by WMAC Investments, a subsidiary of holding company Leucadia Corporation (NYSE: LUK).

Greenlight Capital is a hedge fund management firm founded in 1996 by David Einhorn and former co-President Jeffrey A. Keswin. Greenlight Capital manages a series of value-oriented alternative investment vehicles including hedge funds and reinsurer Greenlight Capital Re. Greenlight Capital also manages a fund of funds and a private equity fund through its affiliates Greenlight Masters and Greenlight Private Equity Partners.