Some well-known investors are saying that they think gains will be hard to come by in the coming months. Volatility could be just around the corner, and Brad Gerstner of Altimeter Capital says he’s dialed back his fund’s net exposure from 90% to 50%. Q2 2021 hedge fund letters, conferences and more CNBC’s Scott Wapner interviewed Gerstner at the CNBC Delivering Alpha Conference on Sept. 29. Dialing Back Exposure In addition to cutting Altimeter Capital’s net exposure, Gerstner said they have been deploying venture capital as aggressively as they ever have. He believes the next decade will be a period…
Brad Gerstner Dialed Back His Hedge Fund’s Exposure To 50 Percent
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.