Bill Reeves is a Yale University graduate and Hawaii resident with more than 20 years of experience in the financial sector. The cofounder of Blue Crest Capital Management, Bill Reeves sold his company holdings in 2010 and now supports charitable causes, notably those that benefit Hawaii’s education system. He provided startup finances for Punahou School’s Clarence T. C. Ching PUEO (Partnerships in Unlimited Educational Opportunities) program.
PUEO assists middle and high school students in reaching their high academic potential through group mentoring, summer school classes, and year-round educational activities.
The program’s six-week summer courses address student-specific needs and areas of weakness and conclude with a student-led oral presentation to peers and teachers. Students also visit four postsecondary campuses on the island and speak to counselors to better prepare for college life.
PUEO-led academic events throughout the year include an annual spring luau, environmental stewardship field trips, poetry workshops, and the Lacy Veach Day of Discovery, which includes science- and engineering-based activities.
The co-founder of BlueCrest Capital Management, Bill Reeves of Hawaii has led a successful career in finance for nearly two decades. He currently serves as a partner in BlueMountain Capital Management, a firm that he helped form. In his free time, Bill Reeves of Hawaii enjoys Alpine skiing.
Alpine skiing began with the invention of the first toe-and-heel binding in 1850. This new binding created a sturdier ski that allowed skiers to traverse steeper hills at a faster speed. In doing so, skiing started to be split into two different types: Alpine and Nordic. Alpine skiing referred to the Alps in Europe and focused on racing down steep mountains. Meanwhile, Nordic skiing started in Scandinavia and focused more on flat land skiing.
Wealthy individuals from Britain were some of the first alpine skiers. They would travel to the Alps in summer and enjoyed skiing around the area’s various villages and valleys. Eventually, they created the downhill race to see who was the fastest skier. The race included jumps and turns, but it was void of obstacles. Instead, these obstacles were used in another type of race, the slalom. Skiers were introduced to the first downhill ski race in 1911.
As time went on, Alpine skiing grew in popularity. Luxury resorts in Switzerland, France, and Austria started accommodating Alpine skiers in the 1920s, but the first Winter Olympics in 1924 did not include any Alpine skiing events. Instead, it included only Nordic events. It was not until 1936 that Alpine skiing debuted at the Olympic Games in Germany. Over time, Alpine skiing gained more events at the Olympics, and skiers now compete in four Alpine events.
A partner at BlueMountain Capital Management, Bill Reeves of Hawaii has spent nearly two decades as an executive in the finance industry. Bill Reeves of Hawaii served as the head of macro strategy and trading at JP Morgan and co-founded BlueCrest Capital Management, a New York-based hedge fund that grew into the third-biggest hedge fund firm in Europe.
As investors look for the right hedge fund, they need to consider the minimum investment that each hedge fund needs. Most hedge funds are designed for high-net-worth individuals or institutions, so the minimum investment is usually quite high. If an investor cannot afford a minimum investment, they may be better suited for a different hedge fund. Further, investors must look at the overall goal of a hedge fund. Even if the fund is affordable, it may not share the same goals as the investors. Hedge funds’ primary goal is to make money; however, some have a more aggressive growth strategy that involves higher risk while others work to keep investors’ money safe through low-risk investments.
Once an investor finds a hedge fund that meshes with their goals and financial situation, they can start looking more into the fund’s management and performance. When evaluating a fund’s performance, investors should look at its recent returns and past return history. Investors should be cautious of funds with good returns in recent years and a history of sub-par returns. It is possible that a better strategy was adopted in recent years or, alternately, it may also be possible that a fund has just gotten lucky. Assessing the manager is often a simple way of determining a fund’s true path to success. Hedge fund managers should be qualified to handle their investors’ money and have a solid background in investments.