York Capital Management has decided to focus on longer-duration assets like private equity, private debt and collateralized loan obligations. The firm also plans to wind down its European hedge funds and spin out its Asian fund.
Q3 2020 hedge fund letters, conferences and more
York announces structural and operational changes
York Chairman and CEO Jamie Dinan said in his recent letter to investors, which was reviewed and first reported by ValueWalk on Monday evening, that the firm has long sought to differentiate itself through market-leading risk-adjusted outcomes.