Quantum Endowment
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Quantum Endowment
"Soros's flagship fund, the Quantum Fund (renamed Quantum Endowment) had an average annual return of over 30% for the 35 years (1969-2004) of its existence. The Fraternity Fund and its predecessor have had an average annual return of over 17.2% for the past 15 years to 31 December 2004. Past performance is no guarantee of future results. The Fund has been audited by KPMG (Curacao) since 1994." [1]
In May 2007 "Mr. Malloch Brown was named vice president of the Quantum Fund, the hedge fund run by his billionaire friend George Soros." [2]
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References
- ↑ Homepage, Fraternity Fund, accessed September 24, 2007.
- ↑ Axis of Soros, Wall Street Journal, accessed September 24, 2007.
