Melissa Ko In The Press

A Bold Few Traders Earn Billions Flouting Rivals

The investors that did the best in 2015 are those that defied conventional wisdom

From Hedge Fund to Family Office

Some hedge fund managers have transformed their hedge funds into family offices. This year Melissa Ko’s Covepoint Capital and William Collins’ Brencourt Advisors have made the transition. Some more notable names such as George Soros, Carl Icahn and Stanley Druckenmiller have also converted their hedge funds into family offices. And, Steve Cohen may very well be doing the same with SAC..

Covepoint’s Ko Reaps 22% as Emerging Currencies Converge to G-10

Melissa Ko says the blurring line between emerging markets and developed countries offers opportunities for foreign-exchange investors. The founder of hedge fund Covepoint Capital Advisors LLC should know. Ko, who oversees the firm’s $785 million flagship Covepoint Emerging Markets Macro Fund with a team of three co- managers, has racked up gains of 22 percent a year on average from its inception in 2005 through September. She started the fund at Bear Stearns Asset Management, and after Bear Stearns Cos. was bought by JPMorgan Chase & Co. in 2008, the bank spun the fund out to Covepoint.

From Hedge Fund to Family Office

Some hedge fund managers have transformed their hedge funds into family offices. This year Melissa Ko’s Covepoint Capital and William Collins’ Brencourt Advisors have made the transition. Some more notable names such as George Soros, Carl Icahn and Stanley Druckenmiller have also converted their hedge funds into family offices. And, Steve Cohen may very well be doing the same with SAC.

Ko, former Bear trader, launches hedge fund

Melissa Ko, a former star trader at Bear Stearns, has formed a new hedge fund called Covepoint Capital with nearly $1 billion in assets, according to a letter the firm sent to investors on Monday.