$2 Billion Hedge Fund In Trouble, Faces Liquidation
A $2 billion hedge fund is facing liquidation after losing nearly every of its assets in a rapid become old of time. The fund, which focuses on macroeconomic events, is one of the largest private-equity firms in the country.
The hedge fund’s collapse comes as a surprise, as the utter had been accomplish well on top of the afterward few years. In fact, it had raised more than $1 billion in total on top of the afterward three years. However, the fund’s poor accomplish may have led to its downfall.
Analysts understand that the collapse of the hedge fund could guide to more hedge fund closures in the future. It is also attainable that further investors will become wary of investing in hedge funds after this incident.
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