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Hedge fund founders lose their cool in lunchtime lift ordeal

The Telegraph – NewSmith founders Michael Marks and Stephen Zimmerman had put in a full morning’s work hedging funds in their Berkeley Square base. But disaster struck on the way out to a well-earned Mayfair lunch when the pair got trapped in the office lift for more than an hour.

To the great amusement of their hedge fund colleagues, Diary hears it was a case of “I’m a former Merrill Lynch celebrity, get me out of here!” as the pair blustered away to security through the intercom about taking legal action and not paying the rent.

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