Raymond Barakett [SEP] occupation
Raymond Barakett
Raymond Barakett is a Canadian lawyer and arbitrator. Barakett graduated from the McGill University Faculty of Law, where he served as Editor-in-Chief of the "McGill Law Journal". In the 1960s Barakett served as Chairman of the Board for Canada Steamship Lines and as an active member of the Liberal Party of Canada. He attempted to become the Liberal nominee for Parliament in 1968, losing the position to William Tetley. In 1978 Barakett represented Warren Allmand in a scandal involved the Royal Canadian Mounted Police when
Tiger Cub phenomenon.
- Atticus Global, founded by activist investor Tim Barakett in 1995 with less than $6 million in hand, by 2007 was one of the largest hedge funds in the world with $20 billion of assets under management. Barakett earned market-beating returns over a long time period until the financial crisis in 2008. After two years of losses, Barakett closed the fund in 2009. Atticus Global reported a compounded annual return of 19.3% compared to just 3.9% for the S&P 500.
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