A Hamptons for Hedge Funds
Tony Cenicola/The New York Times
By LYNNLEY BROWNING
Published: July 1, 2007
WILLIAM E. GRAYSON, the president of EGM Capital, a hedge fund firm in San Francisco, has never set foot on the Cayman Islands, but he knows that sun-baked Caribbean haven quite well. That’s because he set up one of his funds in the Caymans, where lucrative tax breaks and fabled financial secrecy have made this British territory a magnet for hedge fund managers.
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This week: The launch of the Apple Iphone, China’s trade problems, Susan Decker taking over Yahoo and riding the bond wave.
By LYNNLEY BROWNING
Published: July 1, 2007
WILLIAM E. GRAYSON, the president of EGM Capital, a hedge fund firm in San Francisco, has never set foot on the Cayman Islands, but he knows that sun-baked Caribbean haven quite well. That’s because he set up one of his funds in the Caymans, where lucrative tax breaks and fabled financial secrecy have made this British territory a magnet for hedge fund managers.
Skip to next paragraph
This week: The launch of the Apple Iphone, China’s trade problems, Susan Decker taking over Yahoo and riding the bond wave.
