Locust: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
Created page with "{{g}}In the German political vernacular, a heuschrecke (“locust”) is a hedge fund, and in particular a private equity firm. First used by Social Democrat Fra..."
 
No edit summary
Line 4: Line 4:


Trivia point: there is a hedge fund called [http://www.locustwood.com Locust Wood Capital LLC], which not only tips its hat to Herr Müntefering and his unfortunate [[double entendre]]s, it sounds like it comes out of one of those Hedge fund name generator algorithms.
Trivia point: there is a hedge fund called [http://www.locustwood.com Locust Wood Capital LLC], which not only tips its hat to Herr Müntefering and his unfortunate [[double entendre]]s, it sounds like it comes out of one of those Hedge fund name generator algorithms.
{{sa}}

Revision as of 14:40, 17 September 2020

The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™
Index — Click the ᐅ to expand:
Tell me more
Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

In the German political vernacular, a heuschrecke (“locust”) is a hedge fund, and in particular a private equity firm.

First used by Social Democrat Franz Müntefering when he demanded that his party “... must help companies acting in the interest of their future and the future of their employees against irresponsible locust swarms, who measure success in quarterly intervals, suck off[1] substance and let companies die once they have eaten them bare”

Trivia point: there is a hedge fund called Locust Wood Capital LLC, which not only tips its hat to Herr Müntefering and his unfortunate double entendres, it sounds like it comes out of one of those Hedge fund name generator algorithms.

See also

  1. I say! Perhaps Herr Müntefering has in mind a special kind of private equity.