The implosion of Three Arrows Capital, a cryptocurrency hedge fund, devastated the industry. Its two founders spent the next year surfing, meditating and traveling the world.
Tag: Hedge Funds
-
Steve Cohen’s Amazin’, Maddening, Money-Losing Bid to Own New York
Once a symbol of Wall Street excess, Cohen has invested lavishly in the Mets, becoming the most beloved billionaire in Queens. Is that enough to reverse team history?
-
Hedge Funds That Bet on Credit Suisse Rescue Face Uneven Results
Among the funds to bet on the rescue deal were two that specialize in buying the bonds of companies on the brink of bankruptcy.
-
FTX Negotiates for Return of $400 Million From Obscure Hedge Fund
The founders of the trading firm Modulo Capital are in talks with FTX about returning the investment that Sam Bankman-Fried made in the fund.