"It's called 'hedging'," responds Orchard's Edds
One of the hedge fund managers who spun out from Stark Investments to co-found Orchard Capital Partners tells us what’s cooking.
Invariably, our stories prompt people to throw roses at us in praise. However, some readers wrote in after a story about the new hedge fund firm Orchard Capital Partners, which was founded in 2009 by Stu Wilson and Teall Edds, formerly of Stark Investments. The story concerned Orchard's poaching of star Citi prime broker Michael Mills.
Some people queried whether Stark had shut down its funds and transferred them to the newly founded Orchard Capital Partners because the Stark vehicle…
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