Texas hedge

British  

noun

1. finance the opposite of a normal hedging operation, in which risk is increased by buying more than one financial instrument of the same kind

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Example Sentences

Concord also steered tens of millions of dollars from two shell companies to Highland Capital, a Texas hedge fund.

From New York Times

Another pool of money came from BondIt Media Capital, which is backed by Revere Capital, a Texas hedge fund.

From New York Times

It was then sold off for parts to a Texas hedge fund called Lantern Capital.

From Washington Post

The president’s eldest son and Texas hedge fund manager Gentry Beach have been involved in business deals since the mid-2000s and recently formed a company despite claims by both men that they were just friends, according to previously unreported court records and other documents.

From The Guardian

The president’s eldest son and Texas hedge fund manager Gentry Beach have been involved in business deals together dating back to the mid-2000s and recently formed a company - Future Venture LLC - despite past claims by both men that they were just friends, according to previously unreported court records and other documents obtained by AP.

From Washington Times