Axe Capital is a hedge fund owned by the billionaire Bobby Axelrod.
Now, Michael Prince has taken over the company, buying out Axe in a deal that would allow Bobby Axelrod to evade his legal woes.
Axe Capital originally was branded under the name Wachtel, Rachlein and Rice with Bobby Axelrod as a partner. During the events of the September 11th, 2001 terrorist attack on the World Trade Center, Axe was not in office because he was meeting with his attorneys to finalize the terms of him being laid off due to suspicious trading behaviour. Ultimately, the partners Warchtel, Rachlein and Rice were all killed when the South Tower collapsed.
While the events transpired, Axe called his broker outside of the World Trade Center area to have him short aviation, hotel and shipping stocks making. hundreds of millions of dollars. With the money made and the deaths of his partners, Axe took over the firm and rebranded it as Axe Capital
At one point Axe Capital was located in Westport, Connecticut, but was relocated later to Manhattan, New York.
- Bobby Axelrod - CEO (Founder and former owner)
- Mike "Wags" Wagner - COO
- Wendy Rhoades - in-house psychiatrist
- Taylor Mason - analyst
- Orrin Bach - legal counsel
- "Dollar" Bill Stearn - trader
- Ben Kim - trader
- Mick Danzig - trader
- Dudley Mafee - trader
- Victor Mateo - trader
- Grigor Andolov - Investor
- Michael Prince - New 100% owner and CEO
- Is based on SAC Capital Advisors, owned by Steven A. Cohen.