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Posts Tagged ‘peter thiel’

Hedge fund Clarium fell 4.4 pct in June

Wednesday, July 8, 2009 : Permalink

NY Post – Clarium Capital Management, the hedge fund founded by PayPal co-founder and Facebook board member Peter Thiel, fell another 4.4 percent in June, The New York Post reported on Wednesday.

The fund’s total returns are down 6 percent this year, the paper said, adding Clarium’s assets under management have plummeted to $1.9 billion from $7.8 billion a year ago.

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Facebook’s Thiel Explains Failed Twitter Takeover

Monday, March 2, 2009 : Permalink

INDYchannel.com – Facebook remains on the lookout for acquisitions after its failed attempt to buy microblogging site Twitter, one of the company’s directors and largest investors says. "We’re still focusing on growing as much as possible," says Peter Thiel in an interview with BusinessWeek.

In Facebook’s first public confirmation of the talks, Thiel said the parties disagreed over price and structure when they seriously considered a deal last fall. "It became pretty clear it wasn’t going to happen," Thiel says from the mid-Manhattan office of his hedge fund Clarium Capital. "The deal would have to be done with Facebook stock. And then you have to figure out how much the stock is worth."

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