Hedge Fund News From HedgeCo.Net

Hedge funds seek big win in Vegas

Hedge funds had one of their worst years ever in 2011, but that hasn’t fazed the pied piper of the industry: Anthony Scaramucci.

NYP – “The Mooch” is the founder of $6.2 billion SkyBridge Capital and the annual SALT conference that starts here today. “I want to popularize the industry,” he said from his lavish suite at the Bellagio Hotel.

Popularize it he has. Now in its fourth year, SALT features big-name politicos Al Gore, Karl Rove and Sarah Palin alongside such hedge fund moguls as Elliott Capital Management’s Paul Singer, Third Point’s Dan Loeb and Harbinger Capital’s Phil Falcone — the glitterati who have made SALT the hedge fund industry’s Davos.

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