Young hedge fund manager Josh Fink lost substantial amount of money in his own hedge fund
Hedge Fund Enso Capital, managed by the son of BlackRock chairman Larry Fink, manages just $44 million in assets, down from approximately $700 million in 2008.
AR Magazine reported that a fund managed by Josh Fink’s New York-based firm Enso Capital Management lost an astonishing 60.5% in 2011 — its worse annual performance since it started.
Hedge fund declined an additional 7% this year through the end of April.
Josh Fink now manages just $44 million in assets, down from approximately $700 million in 2008.
Enso was founded in 2002 with $4 million in assets when Fink was just 24 years old, using money borrowed from his father.
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