WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 9
Name: Ottavio Biondi
Education: M.B.A. (Harvard University)
Occupation: Trader and fund manager
GETTING A GOOD STRATEGY OUT OF LOTS OF CRAP
Ottavio is a co-founder and managing partner of King Street Capital Management, LP, launched in 1995. He and another co-founder, Brian Higgins, manage the firm’s portfolios.
King Street tripled in asset value from 2006 to 2010, rising to an all-time high of $19.9 billion.
The firm speculates on bonds, equities, currency, warrants, and options across four funds, looking for distressed and undervalued firms, value investing, capital structure trades, spin-offs, mergers, and acquisitions. The firm engages in short and long trades.