Second quarter performance. Read more »
Things have been going prettay prettay prettay well for Richard Perry these last six months. His fund, Perry Capital, is up nine percent year to date, his beastly neighbors have quit bitching about the fact that he was burning their eyes out, and this past weekend, his daughter got married to a HBS grad who could potentially take over the family business one day (the SIL is an analyst at the Baupost Group). And speaking of the nuptials! Richie can be credited with not only making sure the celebration had the puffiest shrimp money could buy and a cake that was to die for but delightful ambiance and riveting entertainment for his guests as well. Read more »
Bad news: We lost a little money. Good news: founder Richard Perry’s wife makes those sexy white leather man-purses he wears, so even if we were to go under– which we won’t– the murses are safe.
Investor letter after the jump.
“[Richard Cayne] Perry represents a new breed of hedge fund manager…He has completed four triathlons, yet when he’s away from the office he carries a white patent-leather murse (that’s a man-purse) designed by his wife.”
Looking For Trouble [Fortune]