One on One With Phillip Goldstein of Opportunity Partners LP.(One on One)

Investment News, November, 2004

Byline: Jeff Benjamin Phillip Goldstein is emerging as perhaps an unlikely burr under the saddle of the Securities and Exchange Commission. The 59-year-old retired civil engineer transitioned into the asset management world 12 years ago and manages the $73 million hedge fund Opportunity Partners LP from his home in Pleasantville, N.Y.

Launched in December 1992 with $700,000 of seed capital from friends and family, the fund has never had a negative year and has generated an average annual net return to shareholders of 16% since its inception. A passion for shareholder activism and an almost freakish ability to decipher complex legal issues has led him to target the SEC's recent ruling that would require hedge fund managers to register as...

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