hedge fund

[ hej fuhnd ]

noun

1. an investment partnership that uses high-risk, speculative methods to obtain large, short-term profits.

hedge fund

noun

1. a largely unregulated speculative fund which offers substantial returns for high-risk investments

Word History and Origins

Origin of hedge fund¹

First recorded in 1965–70

Example Sentences

The Oakland recall against Thao, meanwhile, was heavily funded by hedge fund executive Philip Dreyfuss, who lives in Piedmont, a picturesque city surrounded by Oakland’s borders.

From Los Angeles Times

Thao rejected that criticism, most notably in an open letter to Dreyfuss, the hedge fund manager, that accused him of “trying to buy our city government.”

From Los Angeles Times

McCormick is a military veteran and former hedge fund CEO.

From Salon

Rather, for hedge fund owner Bill Ackman, it’s vindication that X—where Ackman repeatedly pushed disinformation around network news, vaccines, and plagiarism—is the epitome of accuracy.

From Slate

Westwood-based B. Riley took the Delaware, Ohio, company private last year in a $2.8-billion management-led buyout that turned disastrous amid slowing sales for Franchise Group and a scandal involving ties between its founder, Brian Kahn, and Prophecy Asset Management, a hedge fund that federal prosecutors allege defrauded investors of $294 million.

From Los Angeles Times

Related Words

• bond fund
• closed-end fund
• investment fund
• retirement plan