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Geoff Grant
’Peloton founder tries again
Geoff Grant, co-founder of failed hedge fund Peloton Partners, has succeeded in launching another fund, highlighting how quickly investors can forgive managers of failed funds. California-based Grant Capital Partners has backing close to $100m from Société Générale,
A hedge fund’s demise: the Peloton pile-up
Peloton Partners, which last year had one of London’s best performing hedge funds thanks to a bet against US subprime, is liquidating its $2bn ABS fund as a result of the continued deterioration in asset values.