This week in our Masters in Business interview, we speak with with Art Samberg of Pequot Capital.
When Art Samberg began his hedge fund in 1986, there were less than 100 hedge funds. By 2000, as George Soros and Julian Robertson retired, Pequot Capital Management at over $15 billion, became the largest hedge fund in the world.
He returned 17.8% net of fees over the life of the fund, even after starting his full first year (1987) down 26%.
Mr. Samberg holds a S.B. (Aeronautics and Astronautics) from Massachusetts Institute of Technology, where he is a Life Member of the MIT Corporation, and a Member of MIT Executive Committee. He earned his M.S. (Aeronautics and Astronautics) from Stanford University and M.B.A. from Columbia University where he is Co-Chair of the Board of Overseers of the Business School.
He served as Chairman of the MIT Investment Management Company and currently sits on the Board of Advisor of the MIT Energy Initiative (For five years he served).
Listen to it live today on Bloomberg Radio at 10am and 6pm and throughout the weekend. The full podcast is available on iTunes, SoundCloud and on Bloomberg. Earlier podcasts can be found on iTunes and at BloombergView.com.