Alive and kicking

Interview with Courtenay Wolfe, president and CEO of Salida Capital

courtenay-wolfe-salida

When Courtenay Wolfe took the reins as president and CEO of Salida Capital in October 2008, the Toronto-based hedge fund company was facing the biggest crisis in its history.

The performance of Salida's funds had fallen off a cliff at the onset of the financial crisis and its flagship onshore Multi-Strategy Fund was on its way to a 66% loss for the year.

To make matters worse, three of Salida's offshore funds used Lehman Brothers as prime broker and had to be closed after assets were frozen in L

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