Jeff Talpins’ $18 billion Element Capital Raised Fees in 2019 and It Turned in a Worse Performance t

Jeff Talpins’ $18 billion Element Capital Raised Fees in 2019 and It Turned in a Worse Performance than the Previous Year – but Still Beat the Average Hedge Fund (Business Insider)
Macro manager Element Capital finished 2019 up 12%, a source familiar with the firm told Business Insider. Jeff Talpins‘ firm manages $18 billion and is raising performance fees to 40% this year, Bloomberg reported last summer. The firm also cut seven portfolio managers last year to refocus on the core macro strategy. The firm trailed the overall market this year, but finished above the average hedge fund.

 

SoftBank is having an adventurous year as well :

 

Wow 40 percent, investors are idiots. 40 percent should only come with performance like Medalion.

 

From the firms founding to 2018, he’s averaged 21percent. There’s probably no better fund to invest your macro allocation in.

 

When did he start his fund?

 

2005 or so