Jerry Weintraub closing down Weintraub Capital Management after 20 Years

November 19th, 2012
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After 20 years of producing steady returns for investors, Jerry Weintraub is closing Weintraub Capital Management LP, to turn his attention to managing his own wealth as a family office. According to Bloomberg News, Jerry Weintraub based his decision not on any particular reason, but as part of an evolving process.

The closing of Weintraub Capital Management LP comes during a record year of hedge fund liquidations spurred by several years of underperformance and heavy investor outflows. The $1 billion Weintraub Capital Management LP has generally performed well over its 20 years producing an average annual return in the low teens with only two years of negative returns.
For Detailed Investor Profiles on these Investors, click below:
Weintraub Capital Management*
Related People: Jerald Weintraub
Related Entities: Prism Partners I; Prism Partners II Offshore; Prism Partners III Leveraged LP; Prism Partners IV Leveraged Offshore; Weintraub Capital
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Launches and Hedge Fund Closings

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