Hedge fund manager reveals how tennis helped him woo SoftBank COO - Business Insider

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How this Spanish hedge fund manager went from elite tennis to wooing SoftBank's COO as an investor

It has $217 million in assets under management and is backed by SoftBank COO Marcelo Claure.

It wasn't just his professional experience that enabled him to establish a hedge fund from scratch, however; Escudero stresses that his success can be attributed to combining his professional training with his experience as an elite sportsman. "I had to search hard for a specialist because I couldn't find what I needed in Spain," he says. "Through a friend, I found one in the US. I hopped on a flight but at no stage was I considering staying there permanently."

"That's when I realized that if you got very good grades, everyone would want to recruit you — so I worked hard to get to the last quarter with the top grades." He put in a lot of care and built his independent hedge fund little by little. Without his tennis career, he would never have ended up setting it up."My goal was to set up DPM Capital to have the best profitability record in history — that comes from being involved in high competition sports," says Escudero.

 

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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