SAC Capital Advisors, LP investors have pulled out between $2 and $3 billion during the second quarter, reports CNBC.
![SAC Capital Redemptions Less Than $3B [REPORT]](https://hedgefundalpha.com/wp-content/uploads/2021/05/connection-lost-3498366_1280.png "SAC Capital Redemptions Less Than $3B [REPORT]")
According to CNBC’s Kate Kelly, the redemption amount is closer to $3 billion and in line with earlier expectations.
Earlier estimates indicated that the hedge fund’s investors would pull out $3.5 billion during the second quarter.
During the first quarter, the hedge fund saw redemption requests from clients totaling $1.68 billion,...
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