Time to Start Tracking Hedge Fund Failures

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by attack_the_block

I think its time to start keeping a list of the HFs who are starting to close shop due to “bearish bets” and shorting. With two announced today, I sense this number will be growing soon and with increasing speed as we approach the inevitable.

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Announced:

*Tybourne Capital Management is shutting its $2.8 billion hedge fund, retreating from bearish bets that have become increasingly difficult to make money from, said people with knowledge of the matter.

*Hedge fund Anchorage Capital Group is closing its flagship fund after 18 years and returning the $7.4 billion it manages to clients, the Wall Street Journal reported on Wednesday.

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I’ll try to refer back to this thread and update it as more HFs fall.

Not yet closed:

*Star HF will be among next to fall

 

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