As you may have heard, Ping Capital’s Exceptional Value Fund ended 2010 up 105 percent. While impressed by the number (and Mr. Jiang’s comeback), some potential investors might have been slightly leery about monthly swings of 8+% and the unorthodox ways in which PJ was able to score such an eye-popping return. Well today is your lucky day.

We’re told Ping Cap has just launched the Ping Emerging Markets Macro Fund, which “targets a lower vol and focuses on short term trading.” The fund started trading January 1 (minimum investment is $500,000 with a one year lockup; PJ, having apparently learned nothing from the Big Guy, will be charging a mere 2&20). Break yourself off a piece of the new flavor today.

Comments (15)

  1. Posted by Anonymous | January 12, 2011 at 3:41 PM

    cue the overplayed marker jokes!

    -guy with name that sounds like he would like a marker in the hole, but is actually entirely unrelated.

  2. Posted by derp | January 12, 2011 at 3:41 PM

    (Insert unoriginal whiteboard marker joke here)

  3. Posted by Guest | January 12, 2011 at 3:53 PM

    why not leave an original/non-marker/non-douchebag joke? if you have any?

  4. Posted by Anon | January 12, 2011 at 3:54 PM

    I taught him everything he knows.

    -SC

  5. Posted by Anon | January 12, 2011 at 3:54 PM

    I taught him everything he knows.

    -SC

  6. Posted by guest | January 12, 2011 at 3:54 PM

    “WOW!!!! THAT’S A LOW PRICE!!!”

    -guy who wants to avoid using the marker jokes but still get in a staples plug

  7. Posted by Anonymous | January 12, 2011 at 4:01 PM

    so a guy walks into a bar, sits next to a good looking girl, and sets his watch on the table. the girl notices the watch has no face or hands on it, so she asks him, “what’s with this watch, it doesn’t even tell the time.” guy responds, “it’s a telepathic watch, tells me the time and some things about my surroundings.” girl responds, “so what’s it telling your right now?” guy responds, “well it’s telling me you’re not wearing any panties.” girl responds “looks like your watch is running about an hour fast.”

  8. Posted by Anonymous | January 12, 2011 at 4:08 PM

    So PJ walks into LT’s office…

  9. Posted by Anonymous | January 12, 2011 at 4:08 PM

    So PJ walks into LT’s office…

  10. Posted by Anonymous | January 12, 2011 at 4:08 PM

    So PJ walks into LT’s office…

  11. Posted by Kouwanus | January 12, 2011 at 4:11 PM

    I bet you wish someone really inserted a whiteboard marker in your (rear).

  12. Posted by Broken Joke Detective | January 12, 2011 at 4:33 PM

    Get lots of smiles and nods when you tell jokes?

  13. Posted by SeriousQ | January 12, 2011 at 4:48 PM

    who will rip off this story first? bloomberg, wsj, business “insider”? place your bets.

  14. Posted by HFguy | January 12, 2011 at 5:53 PM

    Yeah .. had the new fund pitch stuff land on my desk yesterday. nothing much to see here.

  15. Posted by Guest | January 12, 2011 at 7:54 PM

    No markers in the package?

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