Jamie Sterne has raised $75 million for his new hedge fund. No big deal, you might think. There are hundreds of hedge fund launches every year. Except Jamie Sterne is just 28 years old. Sterne launched Skye Global Management in July, according to a person familiar with the matter. The New York-based fund focuses on long-short equity investing. Starting a fund in one's 20s is by no means common. Most new launches are started by managers who are usually a decade or two older. There are a few exceptions, such as legendary investor David Einhorn, who started Greenlight Capital at 27. A 28-year-old raised $75 million for ... (full story)