Taconic Gains In Lehman, JCP, TXU, And Icelandic Bank DebtMark Melin
Taconic Capital Advisors, with near $9 billion in assets under management, had a steady second half, returning approximately 3.24 percent in the Taconic Opportunity Fund and 2.83 percent in the Taconic Event Driven Fund, while the fund thinks most asset classes are fairly or fully valued, according to an investor letter reviewed by ValueWalk. The $9.1 billion fund was co-founded by Kenneth Brody, who retired in January of this year.
Taconic Opportunity Fund gains attributed to credit and equity portfolios
Gains . . .
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