Looking back at Clarium’s descent and Loeb’s carbon cash

April 25, 2011   Suzy Kenly Waite

AR also revisits the birth of Panda.

One year ago
»» Clarium was in freefall. The firm’s ill-timed re-entry into equities led to a decline of 4.5% in 2008. Its bearish stance took Clarium's flagship macro fund down a further 25.2% in 2009, bringing assets at Peter Thiel’s firm to $1.4 billion in January 2010, down from a midyear peak of $7.35 billion in July 2008. Thiel’s downward spiral has continued. The flagship fund plummeted about 23% in 2010, leaving firmwide assets at $681 million by year-end. As of April 2011, the majority of the firm’s...


Subscribers have unlimited access to all online content inc rankings. Start your subscription today - click on the button below.

Subscribe now

Free trial

Taking a free trial will give you access to online content one week (excludes research & rankings). Start your trial today.

Free Trial

Bank of America/Merrill Lynch provides the innovative research and market insights that will help you succeed, including commentary on the key themes for the year ahead as well as trends driving growth in important industries and sectors. You will gain access to global research and the other information you need to make informed investment decisions.

Click here for more details.

Latest Poll

Do activist hedge fund investors ultimately add value to the companies they target?

 - 56%
 - 44%

View previous results