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This Hedge Fund Manager Is Up 5% And He’s Been Fighting Corrupt Russians

Business Insider

Hemitage Capital’s chief executive, hedge fund manager Bill Browder, is up 5% YTD and he’s doing it while fighting corrupt Russians.

Browder’s $1 billion hedge fund made most of its money investing in Russian companies — until he had a falling out with authorities. Now Browder is not allowed in the country.

He was banned from entering Russia, “blacklisted” and named a “threat to national security,” after accusing Russian tax officials of corruption and embezzlement in 2006, according to a report in The Economist.

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