Convertible Hedge Associates
From Wikipedia, the free encyclopedia
Convertible Hedge Associates was an early alternative investment management company founded by Edward O. Thorp and a partner, Jay Regan, in November of 1969. Based in Long Beach, CHA was said by Thorp to have been the first market-neutral hedge fund. In 1974 it was renamed as Princeton/Newport Partners.
[edit] References
- Some notes about CHA history are available in Thorp's articles Option Theory: What I Knew and When I Knew It, Parts 1 and 2, from Wilmott Magazine.
