capital-preservation
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Grand Coast Built a $470 Million Lending Machine in the Gap Banks Left Behind
Banks like tidy buildings and long timelines. Grand Coast found its business in the messy middle - the 12 to 18 months when a serious property investor needs money now, not after the opportunity is gone.
William Feeley
William C. Feeley is the founder and managing officer of Barometer Trading, LLC, an equity long/short fund built on a single obsession: not losing money. A 44-year capital markets veteran who helped corporate issuers raise tens of billions through IPOs and secondary offerings at firms like Bankers Trust, Kemper Securities and Wit SoundView, Feeley later ran the experiment most of Wall Street would never try - he hired and trained formerly incarcerated, prison-educated people as analysts and traders, and the desk beat its hedge-fund benchmark by more than 18% per year for 39 months. A Georgetown BSBA with a Loyola Chicago MBA and a CAIA charter, he is part trader, part operator, part believer in second chances.