Bloomberg – Every year, the Ira Sohn foundation invites a group of esteemed money managers to present investment ideas to raise money for pediatric cancer and other children’s illnesses. And every year, those ideas are picked over by investors like jackals around a carcass. For a first-time attendee at this year’s conference on May 16, a few things stood out after six hours of listening to some of the industry’s top figures.
“I try very hard not to speak in public, and you’re about to find out why,” announced Jonathan Kolatch, the rather high-voiced founder of Redwood Capital Management and a former Goldman Sachs head of credit arbitrage. The fund manager went on to explain that the research process at his $4 billion fund was “exhaustive.”
