No-Drama Hedge Fund Davidson Kempner Closes In on $40 Billion
- Firm made more than $500 million on the sale of MGM to Amazon
- Tony Yoseloff is now looking to private investments for growth
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Davidson Kempner Capital Management’s investing chief doesn’t own a sports team or a gaudy mansion. He doesn’t bloviate on Twitter. And while the firm’s returns aren’t astonishing, they’re always steady. Boring, quipped one competitor, is its brand.
But boring has worked just fine for DK, as the firm is known on Wall Street.