After Nailing “Big Short,” Eisman Closing Hedge Fund

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Mark Melin
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Professional money manager Steve Eisman found the ultimate big short, selling against the subprime mortgage market and making a small fortune for FrontPoint Partners LLC, a unit of Morgan Stanley. Eisman shutters Emrys Partners Eisman’s luck may have been fleeting as he announced recently he was shuttering his hedge fund Emrys Partners LLP, which operates the Emrys Onshore Fund, according to a report in Reuters. Eisman gained fame after being profiled in the Michael Lewis “The Big Short: Inside the Doomsday Machine .” Eisman departed FrontPoint Partners in 2011 amid investor withdrawals following charges that Joseph F. “Chip” Skowron, a co-manager…


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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.