Sounds like an interesting read and I'll try to locate a copy. I appreciate the suggestion! In the meantime, feel free to PM me. Would be nice to chat sometime. Enjoy your weekend! jj
Any investors bothered by the high fees? A monthly performance incentive fee is a big drag on investor performance, for example. These guys are charging *way* more than 1 and 20!
Most Hedge Funds change a 20% new high incentive fee. Quadriga changes a 25% new high incentive fee. 5% makes a big difference but they can do that if they are still able to make comparable gains each year. There was a small article on Quadriga and big article on how Hedge Funds are ripping investors off in Fortune magazine recently I think.
they stopped updating the performance numbers on their Superfund website, leaving them hanging at February. which happened to be an all time high. this is a lawsuit waiting to happen...
Re-reading some of this thread, there were assertions that Mav worked for Quadriga. Were those true? He sure did tout the Fund, and attack anyone with questions or contrary views.