According to various media reports, a $2 billion hedge fund could be in gigantic bother and direction liquidation.
A $2 billion hedge fund is facing liquidation after losing nearly every of its assets in a rude era of time. The fund, which focuses upon macroeconomic events, is one of the largest private-equity firms in the country.
The hedge fund’s collapse comes as a surprise, as the complete had been play in well higher than the later than few years. In fact, it had raised more than $1 billion in sum higher than the later than three years. However, the fund’s poor play in may have led to its downfall.
Analysts recognize that the collapse of the hedge fund could lead to more hedge fund closures in the future. It is moreover realizable that supplementary investors will become wary of investing in hedge funds after this incident.
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