Ackman's Protege, Mick McGuire, Is A Hot Name In Value Investing

In a story that appeared on Reuters today, Svea Herbst-Bayliss calls Richard “Mick” McGuire’s Marcato Capital Management “one of the country’s hottest hedge funds,” and rightly so. In equity hedge fund business—where one rarely sees anybody shine in media other than the likes of Einhorn, Loeb, Ackman and of course Icahn—achieving what Mick McGuire has done in a short period of time is a true accomplishment. Marcato Capital, the best of 2012 Marcato Capital manages $1.5 billion, and the flagship fund Marcato International netted a 7.1 percent gain in July, but was down 2 percent in August. The fund is up 17.1…