
Sticky money
Stuart Leaf, Paul Isaac and Michael Waldron, are the three principals who own Cadogan Management, a fund of funds firm headquartered in New York managing $375m. The firm started with its first fund in April 1995.
Waldron explains: 'Our clients are primarily large banks and insurance companies from the US, Europe and Japan.' The investor base is a mixture of high net worth individuals, endowments, foundations and institutions.
Cadogan aims for mid-teen returns with low volatility. 'What
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