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Two Perot Fund Alums Start Investment Firm

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· · Updated

New York Post – May 2009

Two traders who recently left Ross Perot’s troubled investment firm Parkcentral Capital Management are seeking money to start their own hedge fund.

The two money managers, Michael Presley and John Sawyer, left Parkcentral in January, a few months after the firm’s $2.5 billion debt fund, Parkcentral Global Hub Ltd., went bust.

Parkcentral Capital is a Plano, Texas, investment firm that manages money for the family of the 78-year-old, straight-talking, onetime US presidential candidate and founder of Electronic Data Systems.

Full article is available here:  New York Post

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