Hedge Fund News From HedgeCo.Net

Here’s What a Hedge Fund Profit-And-Loss Statement Looks Like

Gawker – Hedge funds are privately controlled and notoriously secretive investment firms with billions of dollars in assets. Here’s a document listing all of the income, salaries, and spending for one hedge fund over several years.

This document, provided to us by a source, is an internal spreadsheet from a New York hedge fund called TPG-Axon Capital, showing its income and costs for the years 2005-2010. The firm is headed by Dinakar Singh, formerly a highly placed partner at Goldman Sachs. When shown the document, TPG-Axon spokesperson Mary Lee told us, “The document is not authentic, nor do the numbers make sense.” Lee did not reply to a request for more specific details about what was incorrect or inaccurate about the document and its data.

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