Three Billion Year-Old Diamond Could Fetch $70 Million

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Three Billion Year-Old Diamond Could Fetch $70 Million

Published on May 5, 2016
A three billion year-old diamond the size of a tennis ball could sell for more than $70 million when it goes to auction in the U.K. in June. Mark Kelly reports. Image: Getty

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Gates Capital Management's ECF Value Funds have a fantastic track record. The funds (full-name Excess Cash Flow Value Funds), which invest in an event-driven equity and credit strategy, have produced a 12.6% annualised return over the past 26 years. The funds added 7.7% overall in the second half of 2022, outperforming the 3.4% return for Read More

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