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Perry Capital to Liquidate its Hedge Funds

Perry Capital to Liquidate its Hedge Funds

Perry Capital, a hedge fund firm plans to close down its main hedge funds. After producing a gain since 2008 for every calendar year, it has recently lost money on its investments and their assets under management have also decreased.

“In 2008, the firm managed around $15 billion. That has decreased to $8.9 billion as of late 2013 and it has now decreased to $6.6 billion as of 31st Dec 2015.”

~Reuters

In 2008, the firm managed around $15 billion. That has decreased to $8.9 billion as of late 2013 and it has now decreased to $6.6 billion as of 31st Dec 2015.  Perry Capital which focuses on profiting from corporate shake ups has said that a substantial amount of the clients money will be returned in the start of October.

Related Reports: Reuters, Fortune

 

About Perry Capital

Perry Corp, doing business as Perry Capital, is an employee owned hedge fund sponsor. The firm primarily provides its services to pooled investment vehicles. It also manages accounts for corporations. The firm invests in the public equity, debt, real estate, and hedging markets of the United States. It also invests in private equity markets. Perry Corp was founded in 1988 and is based in New York City with additional offices in London, England and Hong Kong City.

Visit: Perry Capital


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