Kyle Bass is a successful hedge fund manager and investor in Dallas, Texas. He hails from a Christian family in Dallas, Texas. Bass also attended Christian schools up to university level where a scholarship award gained him enrollment at Texas Christian University.
In 1992, Kyle graduated with a BA in Finance and Real Estate Finance. He went on to serve in various capacities at firms like Prudential Securities, Bear Stearns, and Legg Mason all in Dallas. By the time he decided to get into private consulting, Bass had amassed enough resources and experience and exited employment as a Senior Director.
The year 2005 brought more focus and determination for Kyle Bass as he tried to get his new firm off the ground. Hayman Capital was the name and Bass dedicated a lot of his time in his Dallas office. It would not be long till business started trickling in and the firm expanded regarding office space, employees and the accounting records.
Since then, Kyle Bass’ reputation in business and society has elevated as well as that of Hayman Capital. One of Kyle’s most notable traits is his ability to forecast economic events with accuracy and consistency. Since he founded Hayman Capital, Kyle is known to enlist the services of industrial researchers in a bid to increase his understanding of the global economy. This research enables him to speculate and forecast on impending scenarios with pinpoint accuracy.
Kyle also anticipated the global meltdown of 2008, and he took the time to warn investors in the mortgage and real-estate sector. Sadly, as Kyle Bass The Frantic Investments of a Desperate Gambler exposed, he could do little to protect these investors from the far-reaching impact of the crisis that sent shockwaves around the world. Further down the line, Mr. Bass saw the European debt crisis and went on the record as having warned relevant authorities to adjust.
The Christian background Kyle Bass grew up in allows him the freedom to point out malpractice in the investment banking sector. He has previously come out blazing at investment bankers who misuse the funds they manage on behalf of their clients. For instance, he just saved some non-accredited investors whose money was misused by United Development Fund.
The United Development Fund has since been rocked by controversy and investor arrest leading to the loss of its asset value this year. Kyle Bass conducted his research on the questionable transactions of the firm and released his report on the internet and mainstream media. He further labelled the hedge-fund as another scheme to rob honest investors off their hard earned money.
Since the information went public, the hedge fund regulatory authority that is the Securities and Exchange Commission has since taken up the matter and is undertaking further investigations.