This hedge fund is backing bets Citadel and Millennium won’t touch

Scott Radke spends his days like many hedge fund managers, pouring over projections, spreadsheets, quantitative analysis and profit-loss statements in a perpetual hunt to generate ever-elusive alpha.

But unlike a traditional hedge fund manager, he’s not looking at stocks, bonds or commodities. Radke is evaluating the managers themselves and the strategies they run – he’s sorting the real from the fake, the wheat from the chaff, the highly skilled from the simply lucky.