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Veteran Wall Street Hedge Fund Manager Kris Crudo sets up his own family office.

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Veteran Wall Street Hedge Fund Manager Kris Crudo sets up his own family office.

May 06
03:52 2021
After almost a decade of being one of the best performing fund managers at SAC Capital, Crudo launches Lankershim Taft LLC.

Kris Crudo, the founder of Lankershim Taft, a California-based Hedge Fund operation is best known in Wall Street insider circles as the fund manager who accurately traded the rise and fall of Cynk Technology Corp. A little-known Panamanian technology company whose stock price rose by 24,417% in less than four weeks in 2014. As one of his then peers (who wished to remain anonymous) would say, Kris’s claim to fame in the street is “Thee” fund manager at SAC Capital who made a fortune on both his Long and Short trade on CYNK, but that’s not new to us, he said. We’ve seen him order those kinds of trades to his team of traders to execute day in, and day out for years. It’s the kind of niche that he specializes in. We’re actually surprised that it took him this long to start his own family office. He’s very talented in crafting a market game plan for his team of traders to execute, a skill set that sets him apart from the rest.

As a fund manager at SAC Capital, Crudo was the person that they’ve leaned on on all their small-cap, micro-cap, and nano-cap trades. Not a trade would get executed without his approval from any trader at the firm on that specific niche. A vote of confidence and a testament to his know-how on that specific segment of the equities market. And when it comes to his trades, he exercises absolute autonomy. He has the green light to execute a trade of any size and strategy anytime without clearing it with anyone. Quite a luxury in a firm that was then micro-managed by its very controversial billionaire founder.

But that was then, now, after a long well deserved hiatus from the public, he’s seeing some tremendous trading opportunities in the market that he could capitalize on. As of March 2021, he closed a friends and family fund named Lankershim Taft Fund I to new investors at $20 Million and is currently doing a fundraising on his Fund II and Fund III. Exciting times at Lankershim Taft LLC at the moment, but judging from its founder’s past performance in the markets, it’s destined to be a household name in the high finance world for quite some time when they start opening up their funds to public investors.

Media Contact
Company Name: Lankershim Taft LLC
Contact Person: Jenna Liu
Email: Send Email
Phone: +16262446623
Country: United States

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