$2 Billion Hedge Fund In Trouble, Faces Liquidation
A $2 billion hedge fund is facing liquidation after losing approximately every of its assets in a terse time of time. The fund, which focuses upon macroeconomic events, is one of the largest private-equity firms in the country.
The hedge fund’s collapse comes as a surprise, as the unchangeable had been achievement capably on top of the once few years. In fact, it had raised more than $1 billion in total on top of the once three years. However, the fund’s poor achievement may have led to its downfall.
Analysts say you will that the collapse of the hedge fund could lead to more hedge fund closures in the future. It is also feasible that extra investors will become wary of investing in hedge funds after this incident.
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