10 Stocks to Sell Now According to Orkun Kilic's Berry Street Capital
In this piece, we will take a look at the ten stocks to sell now according to Orkun Kilic's Berry Street Capital.
Orkun Kilic is a Britain-based investor who is at the helm of the investment fund Berry Street Capital. Mr. Kilic set up the fund in 2019, and prior to venturing on his own in the financial world, he spent some time working in the finance industry. His hedge fund primarily manages the Berry Street Master Fund, which itself has two more funds, namely the Berry Street Fund Ltd and the Berry Street Fund L.P.
The feeder fund Berry Street Fund L.P., also known as Berry Street Capital Management LL.P., is run by Ms. Teresa Durso, and as of the second quarter of this year, the fund had 35 companies in its portfolio and managed close to $576 million in assets. The bulk of the investments in this fund is focused on U.S. companies, and it mostly targets the high growth, high return technology industry.
Mr. Kilic himself hails from Turkey, and he received his bachelor's in business administration from the famed Koc University in 2004, making him one of the younger hedge fund executives in an industry that is flanked by investors with multiple decades of experience under their belt. He went on to do Master's in financial engineering from Bogazici University in 2006, and immediately afterward would go on to attend the illustrious Harvard Business School for his MBA.
The hedge fund executive started his career in the finance world in Turkey, by working as an analyst for Fiba Capital. He would join Morgan Stanley as an associate in 2008. He worked at Morgan Stanley for three years before becoming a partner at Paulson & Co for eight years until 2019.
