Area Fund Manager Finds Sharing The Same Last Name, Blood With One Of The Most Famous Insider Traders Of All Time Not Actually That Helpful When It Comes To Doing Business
Which is surprising.
NYT: Ivan F. Boesky, famously convicted of insider stock trading in the 1980s, is your cousin. How close were the two of you?
Stuart Boesky, Pembrook Capital Management CEO: He’s actually a first cousin. My father’s family is not all that close. I did meet with him once at his office when I first moved to New York, and it’s the only time that I’ve ever seen him face to face. That was almost 30 years ago. Here’s a guy that never helped me, but the association is not all that helpful.