Is a hedge fund anything without its founder? Another batch of well-known hedge fund managers have sold out or moved to liquidate portfolios this month. Their legacies as entrepreneurs underscore the challenges of building a firm that outgrows the key risk taker.

The first surprise was the purchase of Michael Hintze’s CQS by Canada’s Manulife Financial Corp. Next came famed short-seller Jim Chanos’s decision to return capital after managed assets fell to around $200 million from $8 billion over the last 15 years.

QOSHE - Is a Hedge Fund More Than Its Founder? - Chris Hughes
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Is a Hedge Fund More Than Its Founder?

16 0
27.11.2023

Is a hedge fund anything without its founder? Another batch of well-known hedge fund managers have sold out or moved to liquidate........

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