David Abrams Speaks Out, Mixing Humor With Returns

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Mark Melin
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When reclusive star hedge fund David Abrams met fellow hedge fund star Seth Klarman in 1987, he didn’t realize it would move him from New York City to Boston forever. David Abrams wanted to stay in New York, but when Klarman said “try it for a year” Abrams was hooked David Abrams, whose hedge fund has delivered nearly double the returns of the average for hedge fund tracked by Hedge Fund Research, was working in merger arbitrage in New York when Seth Klarman suggested the two work together in Boston. “I don’t want to leave New York City,” Abrams said…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.