Peconic Partners

Naming a company after a Native American tribe may seem to some a bit eccentric, but to William ‘Bill’ Harnisch, chief investment strategist at , it seemed the perfect solution.

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The name, he says comes from a tribe resident in east Long Island, described as a wealthy tribe. “I thought it would be nice for a hedge fund. In fact one of our two disaster recovery centres is actually in east Long Island,” Harnisch says.

Harnisch manages all aspects of the company’s investment process. Harnisch began his career at Chase Manhattan Bank in 1968. He joined Forstmann-Leff Associates in 1978 when the business managed $300 million.

He began managing that company in 1984 and became

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