Hedge Fund Manager Puts Profile on Social Media, Lures $20 Million

(Bloomberg) Joshua Young started his hedge fund less than a year ago. Last month, he caught a break when a university endowment handed him $20 million, quintupling his assets under management.How did an obscure Houston fund called Bison Interests land such a big fish?Young, all of 32, had set up a profile on SumZero, a website that started out as a repository for buy-side research and has more recently morphed into a mashup of LinkedIn and Match.com where institutional investors can find up-and-coming fund managers and choose them based on the quality of their analysis.

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