Proof positive that hedge funds have invaded popular culture: Doug Ellin's next creative endeavor will be a television series about a hedge fund trader and his middle-class to wealthy buddies.
Whether real-life hedge fund dudes will necessarily recognize themselves on screen is another story.
Mr. Ellin — best-known for "Entourage," the hit HBO series about a young actor and his poor buddies — told Daily Variety earlier this month that his as-yet untitled series looks at the question: "What if the guys on ‘Entourage' grew up?" It will be "a mature version of ‘Entourage' set on Wall Street," he added.
Mr. Ellin and Stephen Levinson, his co-executive producer, came up with the idea after they realized some of their "regular, fraternity-brother-type guy" college friends were making nearly $50 million a year in the hedge fund business, he told Daily Variety. He added that "new money — the kind you don't inherit — puts you on a different stratosphere, and that's what I think will be interesting in this show. What happens when you've made all of this money? What kind of stress does it put on your relationships?"
