Before the GFC HBK Investments was one of the largest hedge funds reaching over $14 billion in assets. After the recession, several rounds of redemption hurt the fund, but nonetheless, in 2015 Institutional Investor ranked HBK in the 15th place of hedge funds operating globally.
The story of HBK started in 1991 with Harlan Korenvaes an ex-Merill Lynch Managing Director starting a company with $30 million and multiplying its capital to reach its peak with $14 billion. In 2003 he left the fund and focused on other endeavors including his family foundation.
The Harlan and...
