“The Great Gatsby” always comes to mind when I think of Greenwich, Conn, and if you read my story linked here, you’ll see why. Home to more hedge funds and the titans who run them than anyplace else in the U.S. but New York City, the city is no longer the gilded jewel on Long Island Sound it once was, its downturn is a window into the turmoil hitting the hedge fund industry.
I recently spent a month investigating the troubled real estate market there, tracking down who’s trying to sell and who can’t. Hanging out in Greenwich is not the world’s worst assignment, though I’m sure I missed a few of the hotspots.
Here’s the result of my work, published in Institutional Investor’s Alpha.
