Hedge Fund Tiger Global on Brink of Shutting Down?
Hedge fund Tiger Global is on the brink of collapsing. WSJ reports the hedge fund is lost 52% for the year up to May. It was down 34% this year through March but the institution keeps sinking. Melvin Capital threw in the towel after suffering several…
The Tiger Cubs Are on The Brink of Collapsing
(Bloomberg) Hedge fund managers known as Tiger Cubs are facing serious carnage in the market. The alliance consists of Tiger Global Management, Lone Pine Capital, Coatue Management, Maverick Capital, Viking Global…
Ken Griffin Attacks: “Pension Plans Destroyed by Retail Investors”
Ken Griffin accused the retail community of destroying teacher’s pension plans by taking down Gabe Plotkin’s Melvin Capital. Melvin Capital is a hedge fund that was short on ‘meme stocks’ holding a large position in GameStop. The…
Hedge Fund Melvin Capital Is Shutting Down End of June
Hedge fund Melvin Capital, notoriously known by the retail community for betting against GameStop is now closing its doors. 2022 marks the second year in a row the short seller underperforms. Melvin Capital lost a staggering 20.6% the first quarter this…
Archegos Founder Bill Hwang Has Been Arrested with 11 Criminal Counts
Archegos founder Bill Hwang and CFO Patrick Halligan were arrested and charged with 11 criminal counts. Federal prosecutors said Bill Hwang used Archegos as an “instrument of market manipulation and fraud.” The hedge fund managed to inflate its…
