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Short seller Carson Block moving Muddy Waters fund, hiring after gains - Business Insider

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Short seller Carson Block is moving to New York, and is on the hunt for 'oddball' hires after his hedge fund crushed it this year

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A source close to the fund told Business Insider that Block's Muddy Waters hedge fund is up about 12% this year. He also crushed it last year. "We're looking to add strategies where they make sense," Block told Business Insider in an interview. "The selling point is our culture," which he describes as activist-minded and tight-knit, with a knack for "looking at the world through a contrarian lens."

"Not to say that we're not a home for someone who has a pedigree and does look the part, but I'm most interested in finding people who for some reason don't fit in with the highly institutionalized world."

 

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