If anyone out there is considering starting a hedge fund, there’s a few things you should know. Don’t want to scare anyone but…okay we’re just going to come out and say it- according to reports, “gone are the days when a trader could leave some Wall Street firm with a few of his buddies, snap his fingers and raise several hundred million dollars overnight.” Now, you might have to spend six months to a year raising money and not only that? You’re going to have to make it through several rounds of due diligence by potential investors. You may also have to come face to face with a guy named Neil Chelo who some people (Neil) like to call The Enforcer.
Chelo honed his craft while working for Madoff nemesis Harry Markopolos (who last year nominated Chelo to pose for the cover of Playgirl). Now as the director of research for Washington-based fund of funds Benchmark Plus, he tears apart potential investments with his bare hands and/or vicious rhetoric and line of questioning. “I’m not a conference room type of guy,” Chelo says “It’s very easy for people to fake it for two hours in a conference room, but it’s a lot more difficult if you are at their desk going through their portfolio.”
During a recent visit to a West Coast hedge fund that Benchmark was considering investing in, he found one of the fund’s top portfolio managers woefully unprepared to explain why she was shorting, or betting on a decline in the price of several stocks. Chelo said the trader and her team of analysts hadn’t done sufficient research on the stocks for him to get comfortable with the notion of committing money to the hedge fund. When Chelo walked out the door, he didn’t look back.
You’ve been warned.
I am also a great trader
I am also a great trader
Coldddd Bloodedddd
Coldddd Bloodedddd
Neil, don’t tell me it’s very easy to fake it in a conference room for two hours after we spent the last two hours together in a conference room.
-Grandma Chelo
Nice tags Bess. We are done here….
- Neil
Neil Chelo is also known as “La Flama Blanca”
http://25.media.tumblr.com/tumblr_lbf9is0f2J1qd0z3co15_r1_500.jpg
Neil Chelo is also known as “La Flama Blanca”
http://25.media.tumblr.com/tumblr_lbf9is0f2J1qd0z3co15_r1_500.jpg
He’s so tough, he made the E*TRADE baby cry.
People keep telling me I should doodellgence, but I don’t know wtf they’re talking about. Who wants to trade a hand job for a billion dollar investment?
-Every FOF and Pension Fund Manager
Women.
Neil Chelo is the fuckin’ rake
Asking tough questions before handing over tons of money is the NKI.
what the heck is Bentley University???
I find it exceedingly hard to make an extended “D” sound
When in preschool Chelo once asked the art teacher why mixing red paint and green paint make brown. Chelo said the teacher and her aids hadn’t done sufficient research on arts and crafts to get him comfortable with the notion of committing to making a macaroni tie. When Chelo walked out the door, he didn’t look back.
When in preschool Chelo once asked the art teacher why mixing red paint and green paint make brown. Chelo said the teacher and her aids hadn’t done sufficient research on arts and crafts to get him comfortable with the notion of committing to making a macaroni tie. When Chelo walked out the door, he didn’t look back.
Chelo will cut a bitch if he has to, trust me, I know.
/Anthony Carchelo
He’s so tough he defected INTO East Germany.
“Madoff nemesis Harry Markopolos ” – My knowledge of Greek mythology is weak. Was Nemesis the divine spirit that found evil doers and then mumbled ineffectually to itself in the corner?
Trust me its not easy to fake it in a conference room for two hours
Trust me its not easy to fake it in a conference room for two hours
Can we get him to inspect a few nukular reactors?
Tuff guys without manners works in finance…groundbreaking
Tuff guys without manners works in finance…groundbreaking
It is like this “duh-duh-duh-duh”
-LEH Grammar Quant
You’ve been acting shady lately. Don’t make me go all Chelo on you.
You’ve been acting shady lately. Don’t make me go all Chelo on you.
Huh…short crew cut, white shirt and black blazer…after reading that article I really expected someone that doesn’t look like an angry nerd accountant.
Huh…short crew cut, white shirt and black blazer…after reading that article I really expected someone that doesn’t look like an angry nerd accountant.
“When Chelo walked out the door, he didn’t look back.”
And his barber sighed in relief
I am absolutely sure this guy’s fund sucks, and will continue to suck.
And wet his diaper
damn that guy’s f@cking ugly!
Chelo is just the man we need for the cover of playboy
- Barney Frank
he had previously tried walking out the door while looking back without success
If he was so fcking smart, he would not be working at a second tier BS shop like benchmark which got creamed in 2008….
Neil Chelo is so tough he made Chuck Norris cry, leave the hedge fund business and take up easier targets like international terrorists.
what happened to all the great comments?