Charlie ledley biography
Charlie ledley and jamie mai.
Cornwall Capital
Private investment corporation in New York City
Cornwall Capital is a New York City-based private financial investment corporation.
Charlie ledley biography
It is best known as one of the few investors to foresee and profit from the subprime mortgage crisis of 2007, as described in the book The Big Short by Michael Lewis.[2]
Cornwall seeks highly asymmetric investments, in which the potential profit greatly exceeds potential loss.
Its strategies including benefiting from market inefficiencies to thematic fundamental trades. From 2003 to 2012, the firm produced an average annual compounded net return of 40 percent (52 percent gross).[1]
History
The firm was founded in 2003 by Jamie Mai as a family office to diversify the capital of his father, Vincent Mai, who ran the private equity firm AEA Investors, one of the oldest leveraged buyout firms in the United States.[1][3][4]
Jamie Mai became president and chief investment officer.