“We now manage over 2 billion across multiple funds... that war chest... to be able to deploy capital, provide reserve capital for our next set of companies”
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Said on Business Of Biotech
Andrew Perry, Tudor Investment Corporation · Chat With Traders · What $450M Portfolio Manager Learned From Paul Tudor Jones
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received $50 million of capital with a 10% drawdown limit and a two-year contract to start managing a fund
$50 million capital, 10% drawdown limit, 2-year contract
“We now manage over 2 billion across multiple funds... that war chest... to be able to deploy capital, provide reserve capital for our next set of companies”
“He just raised $10 million for a new startup ... Cal AI blew up ... pulled in over $30 million in annual revenue in under two years”
“You raised some money. How big is the new fund? Yeah. So we just raised 50 million bucks.”
“We also need to start building technology to offer this not just in ETFs and mutual funds, but also in managed accounts… use technology to start bringing these customizations.”
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