Ping Jiang, maestro of the whiteboard marker, was fired from SAC Capital in March 2008, (not because of the push-up bras but due to poor performance). He branched out on his own soon thereafter but we’d heard nary a peep since then re: returns or whether or not he was making employees sew their own dresses. No word on the latter yet (speak up, young seamstresses!) but– and I bite my tongue saying this– I’m slightly worried about how the team will be able to cover the costs associated with new “office supplies,” after ending January down nearly 5 percent. Granted, this may have been a blip, following a stellar 2009, when the fund was up 192.81%, presumably thanks to the official implementation of PJ’s trading philosophy (no more hiding it behind closed doors). And while we’re on the subject– it seems as though Jiang is keeping it in the family, having hired brother (?) Justin as a manager, which as an interesting twist to the BJ for trade approval model. Finally, the most important news! The team is looking for investors for a new fund, Ping Emerging Markets Macro, and would love to get your ass in to meet Mr. J today– get a piece of this while it’s still hot.
From: [redacted]
To: [redacted]
Subject: Ping Emerging Markets Macro Fund
Dear [redacted],
Ping Capital Management Ltd was founded by Ping Jiang and partners in March 2008. Ping Jiang splits his time between a research office based in Shanghai and a trading and operations office in New York. Ping Jiang is currently in New York and would like to meet with interested investors to discuss their current fund, Ping Exceptional Value Fund, and a new fund, Ping Emerging Markets Macro Fund, that is expected to launch H1 2010. Short biographies for Ping and the partners are attached.
The Ping Exceptional Value Fund is a Latin American- and Asian-focused macro strategy that combines quantitative micro analysis with discretionary macro analysis and trading. The Fund trades across two different time frames; long-term concentrated value investments in themes that are determined to be extremely undervalued and short-term
active trading around the core themes.
The Ping Emerging Markets Macro Fund will use the same research process as the flagship fund but will have a more significant focus on the short term trading element.
Please let us know if you would like to arrange a meeting, schedule a call or would like to receive any additional information from the manager.
It was a sad day when presentations went digital.
-Ping “Just the Cap” Jiang
It has got to be really difficult to write a trade ticket with a marker that’s buried in your back door. Maybe that’s why he insists on dresses, for easy access and good penmanship.
…was fired from SAC Capital in March 2010 – March 2010 – who edits this digital rag?
pingtionary: “emerging markets” – (noun) the tangible opportunity presented when a trader a. opens his mouth, b. enters into the restroom c. transitions from the nude fetal poistion he has assumed to downward facing dog – a. tong
pingtionary: “emerging markets” – (noun) the tangible opportunity presented when a trader a. opens his mouth, b. enters into the restroom c. transitions from the nude fetal poistion he has assumed to downward facing dog – a. tong
hmmm…5:37 am – fairly certain the person that sent that out knows who leaked the email. not good, perhaps just the date would have been sufficient. need to protect the tipsters a little better. just sayin’
Cluz,
I’m thinking it was sent to a distribution list, so probs NBD.
My panties are tied in a knot as we speak.
The fund was up 192.81% in 2009, not 191.82% as stated in the write up.
Attention to fucking detail, Bess
@3
Lay off the Adderal, seriously, its nbd.
My question though, not being a lawyer, I thought for this particular type of incestual watersports, the fund would have to be domiciled in somewhere like Kentucky or another state where such backwoods methods are acknowledged as commonly-accepted succession planning.
I told you all yesterday, Bess is off her game!!! She has a new boyfriend, me thinks and is getting no sleep what so ever (wink wink).
– Guy who said Bess was off her game yesterday!
In PDF 1 check out the Benchmark Analysis
Compound ROR FTW!
@4 “Emerging Markets” is just a typo- It’s really an Emerging Markers fund… easy mistake, the ‘T’ is next to ‘R’ after all
The IR team at this fund fucking sucks, they must have learned how to make a pitchbook at Fisher Price U
@12, my mistake, i must have copied the definition from “exceptional value”
@12, my mistake, i must have copied the definition from “exceptional value”
God, just looking at those markers makes me sooooo horny, my knees are weak, and my anus feels a little ….
DK
The machine that goes Ping!
http://www.youtube.com/watch?v=arCITMfxvEc
@8 who cares what you made last year? stop living in the past.
@12 hahaha
gaysians
berkeley…ouch
berkeley…ouch
berkeley…ouch
berkeley…ouch
berkeley…ouch
Not bad, yearly 192% in 2009!
[...] Related: Ping Jiang: “I Left SAC Capital On Good Terms” Ping (Jiang) Capital Down 4.96 Percent For January, Ping Jiang Interested In Meeting With *You* Toda… [...]