The Low-Profile Fund That’s Won Big for Yale
Bracebridge Capital is the biggest hedge fund run by a woman “The bonds don’t know who owns them”
Last year was a tough one for hedge fund managers, but the Yale Endowment’s bet on one little-known Boston fund has continued to pay off.
Nancy Zimmerman’s Bracebridge Capital has gone from $5.8 billion in assets four years ago to $10.3 billion. That makes it the largest hedge fund in the world run by a woman. Despite this, Zimmerman, who survived a 1990s scandal involving Russia, her husband, and Harvard, has largely avoided the limelight.
Bracebridge was staked with