Allan Mecham’s Arlington Value told investors recently that it will wind down in the next six to nine months, citing health reasons. The fund may have had a bumpy ride lately, as have most hedge funds due to the market crash, but any losses racked up by Arlington lately are on a much larger base than the massive gains the fund has posted in the past, even during the global financial crisis. Arlington may have been down 40% for Q1 Allan Mecham rose to fame for recording massive returns over the course of several years, earning him the title of…
Allan Mecham may have had a rough first quarter big AUM decrease ahead of closure
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.