The Hedge Fund With Guaranteed Performance And A Ten-Year Lockup
Joseph A. Meyer, founder of Arjun LP and Statim Holdings Inc., has an interesting hedge fund business model. He offers an extraordinary guarantee, a Bloomberg piece points out: Invest with Arjun and you will never lose money. His Linkedin page boasts of award winning performance, but regulatory inquiries and inconsistent reporting have begun to raise questions. Just don’t take money out, as the ten-year lock-up has a significant penalty for early withdrawal. Black-box method that is guaranteed to deliver performance, but just don’t ask for your money back Meyer, 49, is coy about the workings of his hedge fund. He developed the...