The unglamorous life of hedge fund startups

CNN Money – Situated on the 46th floor of a gleaming office tower in lower Manhattan, Mike Winston is running his hedge fund empire.

Missing is the sleek trading floor with its supercharged technology and legions of shouting traders. Picture instead: About 250 square feet of rented office space with four computer monitors and an intern.

“I think we’re scrappy,” says the 37 year-old Winston, who launched Sutton View Capital in September 2013. “We’re punching above our weight.”

Winston is one of many budding hedge fund managers sprouting up on Wall Street trying to make a name for themselves in an ultra competitive industry known for its make or break mentality.

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