Pequot Capital Management was a multibillion-dollar hedge fund sponsor that closed in 2010.

Based in Westport, Connecticut, United States, the firm had additional offices in San Francisco; New York City; Los Angeles; Greenbrae, Menlo Park; Wellesley; and London, United Kingdom.

[citation needed] In 2001 Pequot was reported to be the largest hedge fund globally with $15 billion in assets.

[5] Samberg was barred from working as an investment adviser for alleged violations of insider trading involving Microsoft Corporation stock occurring in 2001 and a prospective new hire of the hedgefund, David Zilkha, from Microsoft.

[6][7] On May 28, 2009, with an insider trading investigation ongoing, Samberg wrote, "With the situation increasingly untenable for the firm and for me, I have concluded that Pequot can no longer stay in business.