How alleged Ponzi hedge funder Brenda Smith fell from grace -- and her Rittenhouse Square penthouse -- to a N.J. jail. In 2017, Brenda Ann Smith was riding high. Trained as an accountant, Smith had spent three years raising $105 million for a hedge fund from 40 investors. She owned a seat on the New York Stock Exchange, where she rang the closing bell in June 2017, an event sponsored by her Conshohocken-based broker-dealer CV Brokerage. https://www.inquirer.com/business/b...e-fund-wall-street-conshohocken-20190901.html
https://www.surefirecapital.com/investmentcriteria These guys invested $31 million with her, and of course it says on their website: We Invest in the World’s Leading Fund Managers Our managers are among the best in class Offer proprietary deal flow with a proven track record of outperformance
There's a video in article. She starts her speech : ,, we are very different from the rest of the analyst - im sure ''
Smith promised no management fee if results were under 6 percent, but she would take 50 percent of returns above that number. She charged high fee