Park Hill Partner Pilfers $95MM
Andrew Caspersen, Partner at Park Hill and Princeton and HLS graduate, fraudulently takes 95 million in funds from LPs and squanders it trading options on his personal account. What possesses someone who has seemingly worked so long and hard to finally get their golden ticket, just to piss it all away plus end up in jail?
I guess Harvard Law doesn't teach right from wrong.
In this case, genetics?
Weird that the date on that link is wrong (week before the story actually broke). Did the NY Times know something was coming from the DAs office???
Paul Giamatti must have leaked it...
Ba dum ts
Who ever would have thought that a career PE guy sucks at options trading.
He was in sell side investor relations, not exactly a "PE guy"...
so a fund raiser said fuck i can grow these green sacks too ?
The great American Dream...still alive.
Kind of hilarious that a multimillionaire skimmed a fortune to bet on options, like he was a 20 year old with 10k trying to get rich in his dorm room, even funnier that he lost it. You're already rich dude!
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