Earlier this month, Greylock Capital Associates, an emerging markets hedge fund, filed for bankruptcy protection in New York assets under management dwindled from nearly $1 billion in 2017 to $450 million at the end of 2020. After three years of losses, Bloomberg reported that assets could drop below $100 million by the end of the first quarter in the absence of new investments.
Q4 2020 hedge fund letters, conferences and more
Investor withdrawals have always been a challenge for hedge funds. It is often the case that investors panic when funds need the cash most. For example, in the first quarter...
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