July 7, 2014 – Article – Crain’s Chicago Business Magazine

Why Chicago’s wealthy are into this little hedge fund

It’s not easy to launch a hedge fund, but in Chicago it helps if you have names like Duchossois, Canning and Hull pulling for you. Probably it helps, too, if you have a boot-strapper’s back story: African-American kid grows up in a tough Milwaukee neighborhood, makes his way to a private college and a job in finance, only to have the firm founder and leave him jobless. This is all to explain how William Heard (at left) today is founder, CEO and chief investment officer of Heard Capital LLC.

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