Bloomberg – U.S. Senator Ron Wyden has a new hedge fund in his basement. That doesn’t mean he’s getting in on the ground floor.
His son, Adam, started a fund under the name ADW Capital Partners LP that he runs from the Wyden family’s residence in Washington, according to a private placement notice filed last month with the U.S. Securities and Exchange Commission. The fund is modeled after the investment partnership billionaire Warren Buffett ran in the 1950s and 1960s before acquiringBerkshire Hathaway Inc., Adam Wyden said in an interview.
