Wednesday 21 February 2018

Kerryman O'Shea's Comac Capital was ranked as the 21st largest hedge fund in the world by Forbes magazine in 2012. At its peak in 2010, it managed $6bn. The London-based fund gave excellent returns during the crash and he was handsomely paid as a result, enjoying a 35m stipend in 2011. However, the $1.2bn fund gave its clients back their money in 2015 after being hit when the Swiss National Bank abandoned the franc's cap against the euro. It now manages $150m of the hedge fund executives' own cash.

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