By Joseph Mallia
Long Island has a new hedge fund, based in Bohemia.
It’s called the Genius Hedge Fund, led by three partners who met through their interest in a board game.
â€œOur leaders developed their friendships through ardent games of chess; this challenged their mental capacities and required the highest levels of mathematical strategy and analysis,â€ the partners say on their website.
â€œMastering the skills necessary to succeed in chess stimulates us and is integral to the principals of our company.â€
The three are Alex Rabinovich, Victor Plotkin and A.J. Caro, seen above with a few chess sets.
â€œEach partner brings his own specialization to the company. Victor has 20 years of experience as a money manager, Alex offers expertise in management and investing, and A.J.’s business prowess and entrepreneurial spirit are unparalleled.â€
Among the services Genius says it offers:Â
— Provides â€œclear and objective advice resulting in long-term returns for your portfolio that minimizes your exposure to riskâ€
— Manages and monitors investments
— Investment performance reports
— Reports portfolio activity and holdings
— Ensures â€œfrequent communication to keep you abreast of your investmentsâ€
— Provides direct access to portfolio manager
— Annual reviews and, where needed, revisions of investment policy
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hedge funds , stock market , finances , money
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