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Love at Ikos Hedge Fund Sours as Ambrosiadou Fights With Coward
On a warm evening in June at the Monaco Yacht Club, Elena Ambrosiadou stands in front of 200 guests assembled to celebrate the 20th anniversary of Ikos Asset Management Ltd., her $2.5 billion hedge fund. Wearing a beige skirt and top and snakeskin heels, with her long hair dyed platinum blond, Ambrosiadou is flanked by big plasma screens showing her 289-foot Maltese Falcon, the largest sailing yacht in the world, gliding past the Statue of Liberty. Ambrosiadou tells the crowd she hopes the boat, which she bought for $120 million in 2009, does well in a July sailing competition, the Transatlantic Race, Bloomberg ... (full story)