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Everything about Quantum Fund totally explained

The Quantum Group of Funds are privately owned hedge funds based on Curaçao (Netherlands Antilles) and Cayman Islands. They are currently advised by George Soros through his company Soros Fund Management. Soros started the fund in the early 1970's along with Jim Rogers The shareholders of the funds are not publicly disclosed although it's known that the Rothschild family and other wealthy Europeans put $6 million into the funds in 1969.
   In 1992, the lead fund, Soros's Quantum Fund became famous for "breaking" the Bank of England, forcing it to devalue the pound. Soros had bet his entire fund in a short sale on the prediction that the British currency would drop in value (it did), a coup that netted him a profit of $1 billion. In 1997, Soros was blamed for forcing sharp devaluations in Southeast Asian currencies.

Directors

Richard Katz

"An investment banker specializing in international finance, Mr. Katz was a director of N.M. Rothschild & Sons Limited, London, England from 1977 until March 1993, having joined them in 1969; he was also a managing director of Rothschild Italia S.p.A., Milan, Italy from its inception in 1989 until December 1993. Mr. Katz has been a supervisory director of Quantum Fund N.V., a Netherlands Antilles investment fund, or one of its subsidiaries, since 1986. He is also a member of the board of supervisory directors of a number of other investment funds affiliated with Mr. George Soros, including Quantum Emerging Growth Fund N.V., and is the Chairman of the board of supervisory directors of Quota Fund N.V., and the Chairman of the boards of advisors of Quantum Realty Fund Limited, Asian Infrastructure Development Fund Ltd., and Quantum Industrial Holdings LDC, a shareholder of the Company. Mr. Katz has served as Vice Chairman of the board of directors of Outboard Marine Corp., a Delaware company listed on the American Stock Exchange, since September 1997. Mr. Katz has also served since July 1998 as a non-executive director of Delancey Estates Plc, which is listed on the London Stock Exchange."

Further Information

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