Greywolf Keeps Gains Going, Stays Net Short

The event-driven firm, founded by Goldman Sachs alums, has posted double-digit gains despite having negative exposure to the market.

Stephen Taub September 12, 2014

Greywolf Capital Management, a Purchase, New York–based firm founded by former Goldman Sachs executives Jonathan Savitz and James Gillespie, continues to outperform most hedge funds despite maintaining its net short position. Through August, its Greywolf Capital Overseas Fund had gained 12.6 percent, while its

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